Euro still facing downtrend pressure

Euro still facing downtrend pressure

Rami
15 (11) 2016 - 10:22 (GMT)
0

EURUSD still facing downtrend pressure which still protected by resistance (1.0850) where Short-Run targets still valid as previous report show (see here).

As long as market holding daily close below (1.0850) the downtrend wave will sustain toward (1.0620-40) support zone within Intraday-Levels.

Any daily close above (1.0850) may set farther advance toward (1.0970-90) zone.

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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