Forex Trading Library

EURUSD 2016-08-08

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As we advised last friday, that any break below 1.1110 may set new drop pressure toward 1.0940-70 zone

market now facing resistance level at 1.1115 where as long as market holding below this zone the downtrend wave will sustain toward 1.0940-70

above 1.1115 market may have chance for addition small advance where will face second resistance at 1.1160 that may drive market back towrad 1.0940-70 zone

above 1.1160 market will face resistance at 1.1230-50 zone

  Support Resistence
Level 1 1.1045 1.1115
Level 2 1.0970 1.1160
Level 3 1.0910 1.1230-50
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