Euro still facing drop pressure

Euro still facing drop pressure

Rami
19 (12) 2016 - 11:06 (GMT)
0

The single currency EURUSD managed to fell  below (1.0460) last week where market managed to initiate resistance zone at (1.0480) where as long as market holding below this zone more drop yet to come toward (1.0260)

Above (1.0530) market may start showing ability for rebound correction wave toward (1.0660) zone

And so the Short(sell) scenario will sustain with stop loss above (1.0530

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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