The Euro yesterday fell below 1.1365 as the second support at 1.1200 managed to push market higher again.
As we see from the chart, the market is facing Intraday support around 1.1300 where as long as prices hold above it, a trading zone towards 1.1390 could control the market.
Below 1.1300 more of a drop will be expected with the second support still around 1.1200.
Above 1.1390 more advance toward 1.1500 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1300 | 1.1390 |
| LEVEL2 | 1.1200 | 1.1510 |
| LEVEL3 | 1.1065-80 | 1.1575 |
Join our responsible trading community - Open your Orbex account now!