Forex Trading Library

EURUSD 2016-07-28

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Market manged to sustain uptrend movement as we advised in our last projection where Fed kept Rate unchanged with gradual path to increase interest rate which now market increased doubt that this hike may happend this year 

the Short-Run showing resistance for triangle formation around 1.1135 as resistance and (1.1030-60) as support where market may hold trading zone here

above 1.1135 market may head to test 1.1185 resistance where above this level expect farther advance toward 1.1300

below 1.1030 market may add more drop to re-test 1.0950-70 zone

  Support Resistence
Level 1 1.1030-60 1.1135
Level 2 1.0950 1.1185
Level 3 1.0810-30 1.1300
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