Market managed to signal small rebound correction as market hit above 1.1025 as we show in our view yesterday
market awaiting ECB press conference today where economist saying Mr. Mario Draghi may head to signal more stimulus at press conference 45 minutes after rate decision, while Investors says ECB will wait for september economic data
Technical analysis says as long as market holding below resistance 1.1100 the downtrend pressure will sustain toward 1.0910 and 1.0825-50, while above 1.1100 market may add more advance where resistance at 1.1150-85 & 1.1260-80
| Support | Resistence | |
| Level 1 | 1.0980 | 1.1100 |
| Level 2 | 1.0910 | 1.1150-85 |
| Level 3 | 1.0825-50 |
