EURUSD 2016-10-06
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 |