EURUSD remains in downtrend from 1.1299, the rise from 1.0709 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.0840 and 1.0900, as long as these levels hold, the downtrend will continue.
For more short term forex analysis and info visit via EURUSD Daily Analysis - November 16, 2016 . Thanks for your support.
No comments:
Post a Comment