Forex Trading Library

EURUSD 2016-05-26

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EUR/USD

1.1190

As we advised yesterday, market managed to hold support 1.1110-30 while managed to rebound so far toward 1.1192

market still facing resistance at 1.1190 and 1.1245 where as long as market holding below 1.1245 another drop correction will be expected toward 1.1150-70 zone

above 1.1245 market will set new target toward 1.1340

below 1.1050 market may enter new downtrend wave which will target 1.0825-50 zone

  Support Resistence
Level 1 1.1110-30 1.1190
Level 2 1.1050-60 1.1245
Level 3 1.0900 1.1345
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