EURUSD 2016-02-16
EUR/USD
1.1185
As we see over the chart, market managed to head to test our suggested support zone 1.1110-30 before rebounding as expected
market now facing resistance zone at 1.1220-50, while market managed to hold support level of 1.1070 which indicating ability to resume advance toward our target 1.1400-50 zone
market downtrend risk still below 1.1070
Support | Resistence | |
Level 1 | 1.1165 | 1.1220-50 |
Level 2 | 1.1110-30 | 1.1340 |
Level 3 | 1.1070 | 1.1400-50 |