Support at 1.3140-60 managed to push the market to a rebound correction, with prices pushing a few pips above 1.3400 before the drop pressure returned.
As we see from the chart, a trading zone is still possible here.
Below 1.3140 more of a drop toward the 1.3000 support is likely.
Above 1.3420 more advance is likely with resistances at 1.3565 and 1.3675.
| SUPPORT | RESISTANCE | |
|---|---|---|
| LEVEL1 | 1.3140-60 | 1.3410-20 |
| LEVEL2 | 1.3000 | 1.3565 |
| LEVEL3 | 1.2880 | 1.3675 |
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