EURUSD 2016-05-20
EUR/USD
1.1215
As we see over our previous chart, Market managed to hit below 1.1220 which indicate farther drop pressure to sustain over short-run where target now set toward 1.1110-20 zone
from that zone a rebound correction may hit the market toward 1.1360
below 1.1100 market will face the old support 1.1050-60 as support zone
as long as market holding trades below resistance 1.1230-50 the downtrend pressure will sustain
Support | Resistence | |
Level 1 | 1.1160 | 1.1230-50 |
Level 2 | 1.1110-20 | 1.1280-90 |
Level 3 | 1.1050-60 | 1.1360 |