Forex Trading Library

EURUSD 2016-02-11

0 280

EUR/USD

1.1315

As we see over the chart, Euro managed yesterday to hit drop correction toward 1.1160 before rebound fast to sustain the uptrend movement inside the uptrend channel

so far market showing trading zone between 1.1150 – 1.1450 while intraday signals showing first support at 1.1270, as long as market holding trades above 1.1270 will expect uptrend to sustain to test 1.1390-1.1410 zone

below 1.1270 market may head for another visit to 1.1160-90 before rebound toward 1.1400

  Support Resistence
Level 1 1.1270 1.1360
Level 2 1.1190 1.1400
Level 3 1.1150 1.1450
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