eur usd weekly outlook for 28 dec to 1 jan 2016

eur usd weekly outlook for 28 dec to 1 jan 2016
euro dollar pair this week closed at 1.0952 with gain.
EUR USD weekly chart trend
is down but momentum is on recovery side.
For meidum term , eur usd support zones are 1.0760 and 1.0550 levels.
On upside expect strong resistance at 1.10 and 1.1220 levels.
For next week , expect recovery move to continue so
keep long view for euro dollar pair with stop loss
below 1.0760 for target 1.10 and 1.1220.

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Pramod Baviskar

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