EURUSD 2016-10-12

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Market managed to sustain drop toward target 1.1065-75 as we advised yesterday while some rebound correction hit market before downtrend movement back to controll Euro to broke below 1.1060 which place the market inside another downtrend wave

market now facing resistance at 1.1080-99 where as long as market holding below this levels the downtrend wave will sustain toward 1.0950-60 zone 

the main support at 1.0910 where as long as market holding above this level another rebound correction may ba vailable toward 1.1050

below 1.0910 more drop movement will be expected toward 1.0820-50 zone

  Support Resistence
Level 1 1.0950-60 1.1080-99
Level 2 1.0910 1.1150
Level 3 1.0820-50 1.1200
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