EUR/USD
1.0855
Euro armed with reverse Head & Shoulder formation
as we see over the chart, market still holding the reverse head & shoulder formation which if managed to control market will lead for another test to 1.0990 resistance zone while above that levels market will face 1.1060 and 1.1135 resistance levels.
market managed to obtain drop correction where managed to test support of the triangle line as we see
as long as market holding above 1.0810 the uptrend strength will sustain while downtrend risk will start below 1.0780
from another hand market still facing support line of 1.0775 which protecting this model, while below 1.0775 market may head to test 1.0710 and 1.0640 zone
| Support | Resistence | |
| Level 1 | 1.0810 | 1.0930-40 |
| Level 2 | 1.0775 | 1.0990 |
| Level 3 | 1.0710 | 1.1060 |
