EURUSD 2016-05-09

May 09, 11:33 am

EUR/USD

1.1395

As we see over our previous chart, Market managed to fell below 1.1460 which adding risk for more drop movement

market will face support at (1.1390 – 1.1400) which may drive for rebound correction toward 1.1520 zone , while below 1.1390 market may head for farther drop toward 1.1250-70 zone

so far market still holding under pressure as market sustain trades below 1.1480 , which my drive to break below 1.1390 and head toward 1.1250-70 zone

  Support Resistence
Level 1 1.1380 1.1480
Level 2 1.1340-50 1.1535
Level 3 1.1250-70 1.1600-20
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