EURUSD 2016-06-09
EUR/USD
1.1346
Euro so far still holding above first support 1.1325 as market start to anticipate no Fed rate hike this month
short-run support still at 1.1285 where market may head for drop correction to test before resume uptrend toward 1.1450-70 zone
however intreaday trading levels showing ability for the Euro to resume advance as market already tested first support of 1.1325 without any farther drop as we may anticipate those 2 scenarios as we see over the chart
any daily close below 1.1240 would shift market toward downtrend movement
Support | Resistence | |
Level 1 | 1.1285 | 1.1390 |
Level 2 | 1.1240 | 1.1450-70 |
Level 3 | 1.1210 | 1.1525 |