1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

EURUSD could turn lower from strong resistance at 1.0860/65

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 26, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,021
    Likes Received:
    1
    Daily Forecast - 26 January 2016 EURUSD Spot EURUSD could turn lower from strong resistance at 1.0860/65 today & target 1.0825/22. If we continue lower look for 1.0800/05 which could hold the downside but further losses retest last week's low at 1.0777. A break below here this week targets 1.0765/62 then support at 1.0740/35 & a bounce from here likely. Strong resistance at 1.0860/65 but shorts need stops above 1.0885. A break higher sees 1.0865/60 act as support to target resistance

    Continue reading...
     

Share This Page