Forex Trading Library

EURUSD 2016-02-16

0 210

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
Leave A Reply

Your email address will not be published.