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EURUSD Technical Analysis Forecast Tuesday, August 16, 2016

ForexZig.com August 16, 2016

EURUSD Technical Analysis

In the preceding trading day forex currency pair EURUSD started trading at 1.11673 and closed at 1.11834.

Daily high was 1.12034 and daily low was 1.11531.

During the Asian trade the currency pair EURUSD started trading at 1.11673 and closed at 1.11549. Asian high was 1.11680, Asian bottom price was 1.11531.

During the European trade the currency pair EURUSD started trading at 1.11616 and closed at 1.11657. European high was 1.11756, European bottom price was 1.11576.

During the U.S. trading the currency pair EURUSD opened at 1.11825 and closed at 1.11979. US top price was 1.12034, U.S. lowest value was 1.11709.

EURUSD Tuesday, August 16, 2016 Daily analysis for EURUSD

Support Resistance points for Tuesday, August 16, 2016

S3 S2 S1 Pivot R1 R2 R3
1.11062 1.11297 1.11565 1.11800 1.12068 1.12303 1.12571

EURUSD Forecast

We expect short-term adjustment at 0.00000 and a long-term shift at 0.00042 or our expectation is range and target 1.11876.

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