The Euro managed to break above the resistance at 1.0985, indicating a potential rebound to test the 1.1050 zone.
As long as the market holds above 1.0950, another advance toward 1.1050 is expected.
However, a drop below 1.0950 could lead to further declines, with support at 1.0880 potentially pushing for a rebound correction.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0950 | 1.1050-85 |
| LEVEL2 | 1.0880 | 1.1200 |
| LEVEL3 | 1.0780 | 1.1275 |
|
Join our responsible trading community - Open your Orbex account now! |