Forex Trading Library

EURUSD 2016-12-07

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as we see over our previous chart, and as we advised yesterday 

Short Run see resistance at (1.0810-50) where as long as market holding trades below another drop wave will be expected toward (1.0460-80) zone.

Above (1.0860) market may add more advance toward (1.1030) zone

market facing first support at 1.0670-80 which still holding the chance for another rebound movement, below 1.0670 more drop will be expected along with our model 

  Support Resistance
Level 1 1.0670-80 1.0740
Level 2 1.0600 1.0810-50
Level 3 1.0500 1.0950
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