EURUSD 2016-05-10

May 10, 11:33 am

EUR/USD

1.1385

Market managed to sustain drop pressure over short-run while market still holding market up where first resistance at 1.1430, as long as market holding the H4 bar closing below this resistance the downtrend outlook will sustain toward 1.1250-70 zone.

any H4 closing above 1.1430 may give the market the opportunity to attack resistance 1.1480 where above this zone expect farther advance toward 1.1560-80 zone

  Support Resistence
Level 1 1.1380 1.1430
Level 2 1.1340-50 1.1480
Level 3 1.1250-70 1.1560-80
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