Forex Trading Library

EURUSD 2016-07-11

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As we explained last week and as we see over our previous chart, market still holding above 1.1000 which still giving chance for another rebound toward 1.1140-60 before the downtrend wave to sustain toward 1.0825 target

while below 1.1000 market may add more drop pressure to sustain the drop movement toward 1.0825 without the rebound correction

  Support Resistence
Level 1 1.1000 1.1140-60
Level 2 1.0970 1.1200
Level 3 1.0910
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