EURUSD 2016-10-14
market managed to headfor some rebound correction toward 1.1055-60 zone while market heading toward US economic data and Fed chairwoman speaks today
as we see over our previous chart;
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 | 1.1220 |