EURUSD Weekly Technical Analysis (6-10 April, 2015) | April 4, 2015

Eurusd is retesting its physiological zone again. After NFP news release, this jumped to 1.1000 area. This pair is staying below this level. This level will be critical for further movement. 1.1000-1.1050 area can be good resistance for this pair. If it can break this level, then bullish rally can be continued and target will be 1.1270 area. On the other hand, this pair is staying just below of 200 ema. If this pair hold this resistance and below 200 ema, we can see bearish rally again and target will be 1.0700 area.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 1.1215

Resistance One (R1): 1.109

Pivot Point: 1.0901

Support One (S1): 1.0776

Support Two (S2): 1.0587