EURUSD 2018-10-29

0 40

Euro managed to sustain drop movement last week where last Friday managed to head for some rebound correction

As we see over the chart, Intraday Lveles showing resistance around 1.1435-50 where as long as market holding below this resistance the downtrend pressure will resume to test 1.1260-70 zone which may provide a good rebound correction wave

Above 1.1450 this will be a sign for more advance toward 1.1550 and 1.1600

Below 1.1260 with a Daily close may open new downtrend wave

  Support Resistance
Level 1 1.1335 1.1450
Level 2 1.1260-70 1.1550
Level 3 1.1200 1.1620

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