EURUSD 2016-02-24

EUR/USD

1.0985

Market managed to break below 1.1070 which which holding so far intraday trading zone between 1.0960 – 1.1080 as expected

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 and need a daily close for that below 1.0960

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