Euro under threat to visit a 14 years old zone

Euro under threat to visit a 14 years old zone

Rami
10 (04) 2017 - 00:00 (GMT)
0

EURUSD retreated last Friday below support level 1.0600 which may place the Short-Run under drop pressure toward 1.0300-40 which back to 2003

First resistance zone laying at 1.0630-50, while as long as market holding below 1.0705 the Short-Run may face more drop toward 1.0300-40 as we see over the chart

Any daily close above 1.0705 may restore the uptrend strength again

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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