EURUSD 2016-04-12
EUR/USD
1.1425
As we see over the chart, market seems building Rising Wedge formation which my indicate a drop correction that may hit the market toward 1.1150-70 zone
market still facing resistance zone at 1.1460-70 while support at 1.1375
any daily close below 1.1300 will confirm a break that may set the Euro in to drop correction mode toward 1.1150-70 zone
above 1.1470 market may confirm uptrend break that may lead toward 1.1550-70 zone
Support | Resistence | |
Level 1 | 1.1375 | 1.1460-70 |
Level 2 | 1.1300-10 | 1.1550-70 |
Level 3 | 1.1200 | 1.1620 |