EURUSD 2016-09-22
Euro managed to hold support 1.1120 where market managed to add more advance as Fed Chairwoman Janet Yellen refrain to add more clues for when the next Rate Hike is coming which spur short-run demand
Euro facing several resistance levels for the coming short-run which still weighing on the pair to head for farther drop
Intraday indicators showing as long as market holding below 1.1250 another drop toward 1.1120-50 zone will be available
above 1.1250 market will face 1.1300 and 1.1330-65 as resistance levels
Support | Resistence | |
Level 1 | 1.1195 | 1.1250 |
Level 2 | 1.1120-50 | 1.1300 |
Level 3 | 1.1045-65 | 1.1330-65 |