Forex Trading Library

EURUSD 2017-02-15

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market managed to break and fell below support 1.0580 yesterday on Fed Chair Yellen comments

market now looking for farther drop toward 1.0450 target as we advised before

as long as market holding below resistance 1.0635 the downtrend pressure will sustain over market

above 1.0635 more advance toward 1.0750 is expected

  Support Resistance
Level 1 1.0510 1.0585
Level 2 1.0450 1.0635
Level 3 1.0400 1.0750
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