EURUSD 2016-01-14
![](https://assets.iorbex.com/blog/wp-content/uploads/2016/01/18114203/630x380_8b33f7459fefd6f545a617df5592a2deac893ffe.jpg)
EUR/USD
1.0900
Market managed to advance to re-test 1.0930-40 resistance zone while so far still holding trades inside downtrend channel
as long as market sustain trades inside downtrend channel the bearish look will sustain for short-run, while uptrend scenario need either a daily close above 1.0900 or a break above 1.0970
short-run resistance still at 1.0990 and 1.1060
main resistance zone still at 1.1085-1.1135 zone
Support | Resistence | |
Level 1 | 1.0850 | 1.0940 |
Level 2 | 1.0800 | 1.0990 |
Level 3 | 1.0710-25 | 1.1060 |