EURUSD 2016-04-13

Posted on

EUR/USD

1.1306

As we advised yesterday, market managed to break below Rising Wedge formation which affected Euro with more drop correction where market now testing support level 1.1300-10

as long as market holding above 1.1300 the Euro will have chance to resume the uptrend

below 1.1300 market will add signals for farther drop where next support laying at 1.1150-70 zone

Euro need daily close below 1.1300 to confirm the downtrend model

  Support Resistence
Level 1 1.1300 1.1345
Level 2 1.1210-25 1.1400
Level 3 1.1150 1.1465
(Visited 7 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

CategoriesEURUSDTags,

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex