We continue with our previous outlook from a few weeks ago, despite the market spike above 1.2815.
As seen on the chart and if the market holds below 1.2800-15, then a further drop will be expected with supports at 1.2640 and 1.2450.
A daily close above 1.2815 could advance further with resistances at 1.2890 and 1.3000.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.2640 | 1.2815 (Daily Close) |
| LEVEL2 | 1.2450 | 1.2890 |
| LEVEL3 | 1.2330 | 1.3000 |
|
Join our responsible trading community - Open your Orbex account now! |
