EUR/USD
1.1575
Euro tumbled after Swiss Central Bank Ends Minimum Exchange Rate with Euro
market managed to sustain drop movement as expected as Euro holds trades below 1.2040 , where market showing target towards 1.1375 zone , while downtrend pressure sustain as market expected ECB to head for QE programme this week
Short-run
market managed to hit low of 1.1460 last week after SNB announcement to end Eur/Chf Cap exchange rate , while so far market still under drop pressure
market face over short-run resistance zone at 1.1650 where as long as market holding trades below this zone expect farther drop toward 1.1375
Daily Trend: Down
Weekly Trend: Down
| Support | Resistence | |
| Level 1 | 1.1525 | 1.1650 |
| Level 2 | 1.1460 | 1.1785 |
| Level 3 | 1.1375 | 1.1870 |