EURUSD 2016-04-07
EUR/USD
1.1400
As we see over the chart, market managed to hit new weekly high before retreat on ECB vice president commentary while traders still need to see actions not talks
market built support zone at 1.1325-55 where support line holding market at that zone
as long as market holding above this support zone will expect farther advance toward 1.1500-30 zone
below 1.1325 market may add more drop pressure as market may head for farther drop from that zone
Support | Resistence | |
Level 1 | 1.1325-55 | 1.1465 |
Level 2 | 1.1250-80 | 1.1495 |
Level 3 | 1.1100-30 | 1.1550 |