Forex Trading Library

EURUSD 2017-05-03

0 170

we still holding our previous model for EURUSD

as we advised last week 

Euro still holding inside our expected trading zone range while as we see over our previous chart the same outlook still applied

market managed to hold our trading zone between 1.0820 and 1.0950 where market still facing resistance zone 1.0960

as long as market holding below this zone another drop toward 1.0820-30 will be expected

above 1.0960 more advance toward 1.1050 will be available

below 1.0820 more drop toward 1.0770 and 1.0720 will be expected

  Support Resistance
Level 1 1.0880 1.0960
Level 2 1.0820 1.1000
Level 3 1.0750 1.1050
Leave A Reply

Your email address will not be published.