EUR/USD
1.0915
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 test resistance line at zone 1.0940-50 while as long as market holding below 1.0940 the chance to sustain trade between 1.0830-1.0940 may hold the market
market short-run support at 1.0870 where as long as market holding above this level the uptrend strength will sustain while downtrend risk will start below 1.0810
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 | 1.0870 | 1.0940 |
| Level 2 | 1.0810 | 1.0990 |
| Level 3 | 1.0775 | 1.1060 |
![Credit Card 160×600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/13144507/Blog-Banner_EN-Banner_160X600X2.webp)
