EURUSD 2018-10-29
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 |