Forex Trading Library

EURUSD 2016-12-13

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Market retreated from 1.0650 in signs of unbroken resistance zone (1.0630-40) where short-run target still heading toward 1.0460-80 zone

From that zone 1.0460-80 will expect another rebound correction wave

Above 1.0650 market will start gain strength where above 1.0680 more advance will be expected toward 1.0780-1.0800 zone

  Support Resistance
Level 1 1.0590 1.0650
Level 2 1.0520 1.0725
Level 3 1.0460-80 1.0780-1.0800
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