EURUSD 2016-03-03
EUR/USD
1.0866
Market short-run technical showing downtrend pressure as long market holding below downtrend line as we see over the chart .
Market may hold this trading zone between 1.0775-1.0810 & 1.0960 ahead of US labor market data this friday
as long as market holding below 1.0890 expect farther drop to test 1.0775-1.0810 zone where from there will expect another rebound toward 1.0940-60 zone
while any movement above 1.0890 may sustain advance toward 1.0960 alos
below 1.0775 market will face support at 1.0710 zone
Support | Resistence | |
Level 1 | 10810 | 1.0890 |
Level 2 | 1.0775 | 1.0960-80 |
Level 3 | 1.0710 | 1.1070 |