EURUSD 2016-05-12

May 12, 10:22 am

EUR/USD

1.1413

Market managed to obtain 4H bar closing just at 1.1430 to add more confused over the coming movement

so far market showing ability to resume uptrend to attack 1.1480 resistance level and continue toward 1.1540-60 as long as market holding trades above 1.1360

while below 1.1360 market may give up the hold position and head for more drop toward 1.1220-50 zone

 SupportResistence
Level 11.13601.1480
Level 21.1250-701.1540-60
Level 31.12201.1620
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