EURUSD 2016-02-19

Posted on

EUR/USD

1.1107

Market managed yesterday to add more drop pressure where market tested 1.1070 support line before rebound toward 1.1139 zone

market awaiting today important figures for U.S Inflation which may control the movement of today

A better than expected numbers may give the Dollar chance to sustain advance where Euro will face 1.1050-70 , 1.1025 & 1.0950-90 as support levels

short-run showing downtrend pressure sustain as market holding trades below 1.1160-90 zone , while above this zone expect Euro to start gain more to head toward target 1.1300-50 zone

  Support Resistence
Level 1 1.1050-70 1.1140-60
Level 2 1.1025 1.1195
Level 3 1.0950-90 1.1245
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