EURUSD 2016-04-29
EUR/USD
1.1398
Market managed to break above resistance zone 1.1350-60 which activated uptrend movement that may target 1.1495 over the short-run
we advised before that any break above 1.1350-60 may set market on uptrend wave that may target 1.1495
market now facing support trend around 1.1340-50 zone where as long as market holding above this zone the uptrend will sustain toward 1.1495
below 1.1340 market may head for some drop correction toward 1.1240-60 before continue the uptrend toward 1.1495
risk below 1.1220
Support | Resistence | |
Level 1 | 1.1340-50 | 1.1435 |
Level 2 | 1.1240-60 | 1.1495 |
Level 3 | 1.1220 | 1.1550 |