Market managed to retreat toward 1.3130 last Friday along with our expectation that short run will sustain trading zone between 1.3100 -1.3535 as we advised last week
market now facing resistance zone at 1.3280-1.3300 where as long as market holding below this zone another drop will be expected to re-test support zone 1.3100-50 which may drive another bigger rebound toward 1.3400 before downtrend wave control market toward 1.2950-60
above 1.3480 market may add more advance where resistance at 1.3550 and 1.3605
below 1.3100 expect 1.2950-60 zone
| Support | Resistence | |
| Level 1 | 1.3100 | 1.3280-1.3300 |
| Level 2 | 1.2950-60 | 1.3400-40 |
| Level 3 | 1.2870 |
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