Forex Trading Library

EURUSD 2016-12-09

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Market managed to retreat after the fast jump toward 1.0810-50 where market managed fast to revers that movement to another fast drop after ECB announcement

We still holding our previous outlook, where market still targeting to test 1.0460-80 zone

From that zone Euro may have chance for another rebound correction toward 1.0750-80 zone

Below 1.0460 market may add more drop toward 1.0360-80 zone

  Support Resistance
Level 1 1.0520-40 1.0630-40
Level 2 1.0460-80 1.0680
Level 3 1.0360-80 1.0750-80
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