Forex Trading Library

EURUSD 2016-02-05

0 178

EUR/USD

1.1195

as we see over the chart, market managed to test resistance zone of 1.1240 before holding on the rally awaiting of US employment data today

a better than expected data on US non-farm may hit Euro for some drop correction where 1.1140 and 1.1075 would be better zone to re-long-buy the market for continues uptrend wave toward 1.1400

a below than expected non-farm may give the Euro a re-charge to sustain advance toward 1.1400 zone

  Support Resistence
Level 1 1.1140 1.1240
Level 2 1.1075 1.1325
Level 3 1.1025 1.1400
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