Forex Trading Library

EURUSD 2016-06-06

0 158

EUR/USD

1.1340

Market managed to jump fast on US Non-Farm-Payroll last Friday as big drop activate doubts of ability for Fed to hike rate this month

market managed to break throw 1.1245 where target set toward 1.1345 as we advised last Friday

for the short-run market facing support at 1.1285 and 1.1215, where as long as Euro holding above one of those supports the uptrend will sustain toward 1.1450-70 zone

market may face full drop correction toward 1.1100 if market fell below 1.1215 zone

  Support Resistence
Level 1 1.1285 1.1370
Level 2 1.1245 1.1450-70
Level 3 1.1215 1.1525
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