EURUSD 2016-02-24
![](https://assets.iorbex.com/blog/wp-content/uploads/2016/02/18111356/f6fbc724dbd9b31cf7b6f4403eaba1059070d6d8-750x430.png)
EUR/USD
1.0985
Market managed to break below 1.1070 which which holding so far intraday trading zone between 1.0960 – 1.1080 as expected
market short-run resistance zone at 1.1060-80 where as long as market holding below this zone expect farther drop to test 1.0960-90 uptrend channel support
if market managed to hold support 1.0960 this may give another rebound inside this trading zone 1.0960 – 1.1080
below 1.0960 market will signals for farther drop toward 1.0800 and 1.0710 levels and need a daily close for that below 1.0960
uptrend revive above 1.1140
Support | Resistence | |
Level 1 | 1.0960-90 | 1.1060-80 |
Level 2 | 1.0800-30 | 1.1140 |
Level 3 | 1.0710-30 | 1.1250 |