EURUSD 2016-05-23

EUR/USD

1.1210

As we mentioned last week, Market managed to hit below 1.1220 which indicate farther drop pressure to sustain over short-run where target now set toward 1.1110-20 zone

from that zone a rebound correction may hit the market toward 1.1360

below 1.1100 market will face the old support 1.1050-60 as support zone

as long as market holding trades below resistance 1.1230-50 the downtrend pressure will sustain

	Support	Resistence
Level 1	1.1170	1.1230-50
Level 2	1.1110-20	1.1280-90
Level 3	1.1050-60	1.1360