Forex Trading Library

EURUSD 2016-02-12

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EUR/USD

1.1275

Market managed to retreat below 1.1270 which indicating another round of drop correction over short-run before uptrend wager step into market

uptrend channel showing tow levels for support for Euro at 1.1220-30 zone and 1.1130-50 zone while we will hold our support line for the Bullish outlook at 1.1070

as long as market holding trades above 1.1070 the uptrend will sustain toward 1.1400-50 and more

  Support Resistence
Level 1 1.1220-30 1.1325
Level 2 1.1130-50 1.1375
Level 3 1.1070 1.1450
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