Forex Trading Library

EURUSD 2016-02-04

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Euro armed with reverse Head & Shoulder formation managed to push market toward our target zone 1.0990-1.1060 while traders sustain demand on Euro as Market odds for No rate hike from Fed rising

technical analysis showing breach for resistance zone 1.1085-1.1135 which we clearly identified market that any break above this zone would open new uptrend wave that may target 1.1400 and 1.1800 over Mid-Run

market so far built support level at 1.1065 and 1.1015 while as long as market holding trades above 1.0990 our new projection will be toward 1.1450 as first target

  Support Resistence
Level 1 1.1.1065 1.1175
Level 2 1.1015 1.1240
Level 3 1.0990 1.1350
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