EURUSD 2016-08-16
![](https://assets.iorbex.com/blog/wp-content/uploads/2016/08/18085346/57b2e6af6e127-750x430.png)
Market managed to break above 1.1235 which activated another uptrend wave that may target 1.1400-25 zone
market now facing support at 1.1200-25 and 1.1150 where as long as market holding above one of those supports more advance will be expected toward 1.1400-25
below 1.1150 market will face support at 1.1045
Support | Resistence | |
Level 1 | 1.1200-20 | 1.1295 |
Level 2 | 1.1150 | 1.1365 |
Level 3 | 1.1045 | 1.1400-25 |