EURUSD 2016-10-06

Posted on

as we advised earlier this week

Market managed to head for another rebound correction toward 1.1220-40 zone as market sustain trades above support 1.1120 as we advised yesterday

while as long as market holding trades below resistance we will expect the downtrend pressure to back to affect the market where target still toward 1.1065-75 zone

below this zone expect farther drop toward 1.0950-60

above 1.1320 market may retrive the uptrend wave to attack resistance 1.1365

  Support Resistence
Level 1 1.1120 1.1280
Level 2 1.1065-75 1.1310-20
Level 3 1.0950-60 1.1365
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