EURUSD 2014-12-09
EUR/USD
1.2360
EURO under drop pressure
as we see over the chart, market still holding trades below downtrend swing where resistance now laying at 1.2440 zone
so far short-run showing trading zone between 1.2220 – 1.2440 as we see over the chart
below 1.2200 market may add more drop pressure to head toward 1.2130 and 1.2050 zone
so far market still holding downtrend wave where market expected ECB to head for broader asset purchase program , which may affect for more drop over Euro next year
as long as market holding trades below 1.2460 expect 1.2215-30 zone
Daily Trend: Down
Weekly Trend: Down
Support | Resistence | |
Level 1 | 1.2215-30 | 1.2380 |
Level 2 | 1.2135 | 1.2440-60 |
Level 3 | 1.2050 | 1.2505 |