EUR/USD –16.04.2025
The Euro is holding inside the trading zone between support 1.1240 and resistance 1.1485-95 while the market managed yesterday to hit a 1.1264 low.
As long as the market holds above 1.1240 a chance for an advance to break above 1.1495 and to head toward 1.1690 is expected.
Below 1.1240 more of a drop to test 1.1140-50 could hit the market which in turn could activate the advance wave again.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1335 | 1.1485-95 |
| LEVEL2 | 1.1240 | 1.1590 |
| LEVEL3 | 1.1140-50 | 1.1690 |
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