EURUSD 2016-02-23

Posted on

EUR/USD

1.1015

Market managed to break below 1.1070 which may place intraday trading zone between 1.0960 – 1.1080

market short-run resistance zone at 1.1060-80 where as long as market holding below this zone expect farther drop to test 1.0960-90 uptrend channel support

if market managed to hold support 1.0960 this may give another rebound inside this trading zone 1.0960 – 1.1080

below 1.0960 market will signals for farther drop toward 1.0800 and 1.0710 levels

uptrend revive above 1.1140

  Support Resistence
Level 1 1.0960-90 1.1060-80
Level 2 1.0800-30 1.1140
Level 3 1.0710-30 1.1250
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