Trading1to100

EURUSD IN LIMBO

FX:EURUSD   Euro / U.S. Dollar
11
EURUSD is still in a channel and down side price zone is still probable however it could be limited above 11075.

Break below 11075 will target lower price zone, above 11275 then higher price zone will become objective.
Comment:
EURUSD broke above 11275 tagged 11295 and came tumbling lower and tested the lower price band at 11150-11120.
it is back within the upper zone resistance around 11200-11220, continuation above this zone then 11250-11260 likely probable.
Downside still probable however in the mean time still in consolidation/channel until 11100-11075 breaks down.

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