Forex Trading Library

EURUSD 2017-03-08

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as we advised early this week and as we see over our previous chart

Euro managed to add more advance on current rebound correction wave while market facing resistance at 1.0675 zone

a trading zone between 1.0500 – 1.0675 zone may took place for the coming Short-Run

as long as market holding below 1.0675 the downtrend wave pressure will sustain for farther drop

above 1.0675 more advance toward 1.0760-1.0800 zone is expected

below 1.0495 more drop toward 1.0400 is available

  Support Resistance
Level 1 1.0545 1.0640
Level 2 1.0495 1.0675
Level 3 1.0400 1.0750
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