Forex Trading Library

EURUSD 2015-09-25

0 97

EURUSD
1.1164

Eur / USD as shown on the chart, the pivotal level would be 1.11s on the short-term (Even Intra-day); so the higher probability scenario to be on the downward move * which means the breakout the mentioned levels is the expected scenario.

So, in case market fall below that pivotal levels, the coming target for the market will be 1.10 / 1.08 respectively.

However, if the market rebounded and traded higher than 1.1250s then the upper levels on the mid-term then we would see higher prices to be reached , at least 1.1330s / and 1.1380s.

  Support Resistence
Level 1 1.1100 1.1180
Level 2 1.1060 1.1250
Level 3 1.0980 1.1330
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