EURUSD 2016-12-01
Market managed to retreat below 1.0610 yesterday where managed to head for another drop toward 1.0552 just with 12 pips short of our target 1.0520-40
Market facing resistance at 1.0660 where as long as market holding below another chance for another drop toward 1.0520-40 may hit the market, where from there will expect another advance toward 1.0745-60
Above 1.0660 Euro may sustain advance toward 1.0745-60 without drop correction
Below 1.0520 more drop will be available with support at 1.0460
Support | Resistence | |
Level 1 | 1.0520-40 | 1.0660 |
Level 2 | 1.0460 | 1.0745-60 |
Level 3 | 1.0360 | 1.0815 |