EURUSD 2016-07-28
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 |