EURUSD: Risk Points Lower Below The 1.1459 Level

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 14, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    EURUSD: With EUR continuing to trade below the 1.1396 level and its major resistance at the 1.1459 zone, our bias remains to the downside. This suggest its upside risk is now limited while maintaining below the 1.1459 level and downside threat remains the immediate bias. On the downside, support lies at the 1.1300 level where a violation will aim at the 1.1250 level. A break of here will turn risk to the 1.1200 level with a move below that level targeting the 1.1150 level. On the upside,

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