EURUSD 12th December 2014
![EURUSD](https://assets.iorbex.com/blog/wp-content/uploads/2014/12/15151353/0609678213db4d51a1f451a5526ca716d7068f46-750x379.png)
EURUSD 12th December 2014
EURUSD
1.2455
EURO on trading zone
As we see over the chart, market managed to jump above resistance zone of 1.2440-60 , which may place the pair inside new trading zone
market may sustain trades inside trading zone between 1.2250 – 1.2600 levels
short-run
as long as market holding trades above 1.2360 expect another advance toward 1.2530 zone , while below 1.2360 expect 1.2270-90 zone
Daily Trend: Down
Weekly Trend: Down
Support | Resistence | |
Level 1 | 1.2360 | 1.2495 |
Level 2 | 1.2290 | 1.2530-40 |
Level 3 | 1.2220 | 1.2595 |