Forex Trading Library

EURUSD 2016-08-25

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As we advised before, market managed to test 1.1240-60 zone while managed so far to head for rebound movement that will face resistance at 1.1365

we still holding our previous model that from 1.1240-60 zone an uptrend wave may hit market toward 1.1400-25 zone

below 1.1200 market my head for farther drop movement toward 1.1045-75 zone

  Support Resistence
Level 1 1.1240-60 1.1365
Level 2 1.1200 1.1400-25
Level 3 1.1075 1.1485
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