Forex Trading Library

EURUSD 2016-06-27

0 167

EUR/USD

1.0990

Euro fell below support 1.1100 on U.K Brexit which placed the short-run over the Euro/Usd toward downtrend movement

we advised before that below 1.1100 market will face downtrend wave that may lead toward 1.0825 support zone

however market oversold indicators showing ability for trading zone between 1.0900 – 1.1100 beofre market resume drop toward 1.0825

  Support Resistence
Level 1 1.0900 1.1050
Level 2 1.0825 1.1100
Level 3 1.0710 1.1180
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