FxGrow Daily Technical Analysis – 13th Feb, 2016
By FxGrow Research & Analysis Team
EURUSD - movement towards 1.1160 support
Supply at EURUSD took over control after Thursday's test of resistance at 1.1380. First support at 1.1320 wasn't able to stop decline and today for the first minutes of trading downward movement is continuing. Nearest support is at 1.1160 but if it breaks stronger support will be located at 1.1100. One of that levels should make rebound.
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