![Masterclass 160 x 600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/04/17185814/EN-SMAdRoll-Banner-ads-v2_160-x-600-EN-V2-min.webp)
EUR/USD
![Masterclass 728 x 90 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/04/17185633/EN-SMAdRoll-Banner-ads_728x90-EN-min.webp)
1.0850
Market jump into EURO as safe haven demand after China halt trading for second time this week
as we see over the chart market established downtrend channel where market looking to test 1.0905-30 resistance zone
market my give opportunity to re-short market around 1.0905-30 while as long as market holding trades below 1.0950 the downtrend movement will sustain
above 1.0950 market may head for another test 1.1020-60 zone
| Support | Resistence | |
| Level 1 | 1.0825 | 1.0870 |
| Level 2 | 1.0770 | 1.0905-30 |
| Level 3 | 1.0710 | 1.0950 |
