EURUSD holding chance for more rebound correction

EURUSD holding chance for more rebound correction

Rami
19 (10) 2016 - 08:47 (GMT)
0

EURUSD managed to head and close from our target as previous report advised (see here) while Intraday-Levels indicators showing ability for farther advance to head to test resistance (1.1035-60) zone.

While downtrend pressure may back from (1.1035-60) to head again toward drop movement toward (1.0910-30) zone.

Above (1.1060) market may hold small trading zone between this level and the second resistance (1.1100-25) which in turn may restore the downtrend pressure again.

This model need market to hold trades above (1.0960).

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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