Forex Trading Library

EURUSD 2017-01-12

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Market spur demand for Euro after U.S. new president Donald Trump comments yesterday

Market managed again to re-test resistance 1.0650-70, where Intraday levels facing first support at 1.0615

As long as market holding above 1.0615 will expect farther advance toward 1.0750-90 zone

Below 1.0615 more drop to re-test 1.0560-70 may hit market before uptrend outlook retrieve on market

Below 1.0560 another drop toward 1.0470 will be expected

  Support Resistance
Level 1 1.0615 1.0670
Level 2 1.0565 1.0750
Level 3 1.0470 1.0800
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