EURUSD 2016-12-12
Euro managed to head for rebound correction early today where market still facing resistance zone 1.0630-40 which holding the downtrend pressure
As we advised last week as long as market holding below this zone, more drop yet to come toward 1.0460-80 support levels, which in turn may activate a rebound correction toward 1.0750-80 zone
From another hand, Above 1.0640 this may be the first sign of more advance toward 1.0750-80 zone
Support | Resistance | |
Level 1 | 1.0530-50 | 1.0630-40 |
Level 2 | 1.0460-80 | 1.0705 |
Level 3 | 1.0360 | 1.0780 |