Sunday, January 24, 2016

Forex - Chart EUR/USD Update: Under pressure, 1.0778 support at risk

25 Jan EUR/USD Daily

Break of the 1.0800 level see the 1.0778 low at risk and follow-through below this will expose the 1.0711 low to retest. Upside see resistance now at 1.0860 and lift over this needed to ease the downside pressure and see return to the 1.0900/21 area then the 1.0985 high and 1.1000 level. [PL]

R5:: 1.106 * 15 Dec high R4: 1.1 figure
R3: 1.0985 * 15 Jan high
R2: 1.0921 21 Jan high
R1: 1.086 19 Jan low

S1: 1.0778 21 Jan low
S2: 1.0711 * 5 Jan low
S3: 1.0689 25 Nov high
S4: 1.0638 27 Nov high
S5: 1.06 figure

Forex - Chart EUR/USD Update: Under pressure, 1.0778 support at risk Rating: 4.5 Posted by: Unknown

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