EURUSD 2016-08-29
EURUSD managed to fell below uptrend channel after Fed Chairwoman (Janet Yellen) remarks last Friday as Officials still see chance for Rate hike this year
Market fell below 1.1200 which may set course toward target and support zone 1.1045-75
Market will face resistance at 1.1200 and 1.1240-70
As long as market holding below 1.1240-70 zone the downtrend movement will sustain toward 1.1045-75
Support | Resistence | |
Level 1 | 1.1130 | 1.1200 |
Level 2 | 1.1075 | 1.1240-70 |
Level 3 | 1.1045 | 1.1365 |