EURUSD 2017-02-27
as we advised last week and as we see over our previous chart
Euro managed to rebound after FOMC Minutes where policy makers suggest that no rush for rate hike but not for long time, which may provide chance for some rebound correction
market now facing support at 1.0495
as long as market holding trades above 1.0495 a chance for rebound correction toward 1.0645-75 zone is expected
below 1.0495 market may sustain drop toward short-run target 1.0400-20
Support | Resistance | |
Level 1 | 1.0495 | 1.0645 |
Level 2 | 1.0450 | 1.0675 |
Level 3 | 1.0400 | 1.0750 |