EURUSD 2015-11-19
EUR USD
1.0695
Market managed to test our support zone 1.0600-25 zone after Fed minutes yesterday while marker spark what may be the start of short-run rebound correction inside 1.0600 – 1.0780 zone
as we see over the chart Euro may build uptrend channel where support zone at 1.0635-55 zone , while as long as market holding trades above 1.0600 we expect another rebound toward 1.0780 levels
below 1.0600 market will add risk for more drop toward 1.0500 zone
Support | Resistence | |
Level 1 | 1.0650 | 1.0720 |
Level 2 | 1.0600 | 1.0780 |
Level 3 | 1.0500 | 1.0835 |