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EUR/USD: trading on resistances 1.1215, but still with chance to reach 1.1380

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Main scenario: The pair is trading along an uptrend, that may be expected to continue in case the market rises above resistance level 1.1215, which will be followed by reaching resistance level 1.1380. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1.1085, which will be followed by moving down to support level 1.0985.

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