EURUSD 2017-01-19
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/01/18064659/58809fef3d14e-750x430.png)
EURUSD still holding trades inside uptrend channel where support zone at 1.0560-80 and resistance zone at 1.0760-80
Will expect farther trades inside this channel as market awaiting ECB conference today
Above 1.0780 Euro will face 1.0850-75 resistance zone
Below 1.0560 market may enter new downtrend wave toward 1.0400
Support | Resistance | |
Level 1 | 1.0620 | 1.0705 |
Level 2 | 1.0560 | 1.0760-80 |
Level 3 | 1.0400 | 1.0850-75 |