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EURUSD Weekly Technical Outlook 8-12 February, 2016 | February 6, 2016



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Eurusd finally has broken its resistance level at 1.1057. Now this pair is staying above this level. This level will act now as new support for this pair. So we can look for buy entry from that level. If this pair retest this new support level, then we should go for buy entry on this pair.


This pair has broken also 200 ema on daily chart as we can see on the chart. Now this pair is also staying above this ema. So we need to stay on bullish mode for this pair.


After NFP news, this pair has fallen and made new support at 1.1100 level. We can look for buy opportunities above this level on this pair


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