EURUSD 2016-04-13
EUR/USD
1.1306
As we advised yesterday, market managed to break below Rising Wedge formation which affected Euro with more drop correction where market now testing support level 1.1300-10
as long as market holding above 1.1300 the Euro will have chance to resume the uptrend
below 1.1300 market will add signals for farther drop where next support laying at 1.1150-70 zone
Euro need daily close below 1.1300 to confirm the downtrend model
Support | Resistence | |
Level 1 | 1.1300 | 1.1345 |
Level 2 | 1.1210-25 | 1.1400 |
Level 3 | 1.1150 | 1.1465 |