EURUSD met first target and testing support zone

EURUSD met first target and testing support zone

Rami
11 (10) 2016 - 12:23 (GMT)
0

EURUSD managed to sustain drop movement as market managed to hold trades below resistance (1.1280) while managed today to head for farther drop to our target and testing now support zone (1.1065-75) as previous report advised (see here).

Intraday-Levels showing ability for rebound correction from this support zone toward resistance zone (1.1125-50) which may drive again the downtrend pressure over the Euro.

While below (1.1060) will expect market to build another drop wave toward second target (1.0950-60)

EURUSD

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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