EURUSD 2016-11-09

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Market went for high volatility movement as U.S election process while Trump win election placed the question is Dollar going to fall ?

EURUSD will consider 1.0990 as support level where will await daily close to be above 1.1030 to confirm the uptrend wave

As long as market holding daily close above 1.1030 the target will be toward 1.1200 zone and after that toward 1.1500-30 zone

Below 1.0990 market may head for farther drop where another support at 1.0820-50

Below this support expect 1.0650

 

  Support Resistence
Level 1 1.0990 1.1130
Level 2 1.0820-50 1.1200
Level 3 1.0650 1.1350

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