EURUSD 2016-05-04

Posted on

EUR/USD

1.1477

Market managed to sustain drop from resistance zone 1.1620 where market still facing support zone at 1.1450-65

as long as market holding above this zone we will stick with the uptrend wave that may target 1.1820 zone

below 1.1450 market will face support at (1.1390 – 1.1400) where below this zone expect farther drop toward 1.1240-60 zone

  Support Resistence
Level 1 1.1450-65 1.1510
Level 2 1.1390-1.1400 1.1540
Level 3 1.1240-60 1.1620
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