EURUSD – Analysis and Forex Trading Signals – 19 May 2014

EURUSD – Analysis and Forex Trading Signals – 19 May 2014

Analysis:

EURUSD is currently testing 1.372 – 1.373 zone and this is a very strong resistant zone. A lot of short orders is waiting there.

There are no significant news or events today so we dont expect EURUSD to break the range 1.365-1.373 today.

However, we expect that EURUSD will move down to the lower of the range today if it fail to break 1.373 zone one more time.

Screenshot 2014-05-19 15.23.21

Forex Trading Signals:

Resistant zone:

+1.3970 – 1.400

+1.390

+1.380 – 1.386

+1.3730

Support zone:

+ 1.370

+ 1.365

+ 1.3566

+ 1.3476

Forex Signals 247

 

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