EURUSD 2015-01-06
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EUR/USD
1.1900
EURO on Downward Breakout
Short-run
market managed to hit 1.1870 low while market is expected to continue it down trend breakout after Draghi Comment.
market managed to sustain trades below 1.2040 resistance zone , where as long as market holding trades below this level the downtrend pressure will sustain
short-run still showing downtrend pressure where market managed to hit below 1.1875 zone which indicating the ability for market to head for testing 1.1650-90 zone
as long as market holding trades below 1.2040 expect 1.1650-90 zone
Daily Trend: Down
Weekly Trend: Down
Support | Resistence | |
Level 1 | 1.1875 | 1.2040 |
Level 2 | 1.1780 | 1.2105 |
Level 3 | 1.1650-90 | 1.2160 |