EURUSD 2016-12-21
![](https://assets.iorbex.com/blog/wp-content/uploads/2016/12/18070755/585a589938752-750x430.png)
Market managed to hold downtrend pressure where Euro managed to hit some rebound correction as 1.0360 still support market
As long as market holding above 1.0360 another rebound toward 1.0450-80 may take place
From that zone another drop wave will be expected toward 1.0260
Above 1.0530 market may enter new uptrend wave toward 1.0660
Support | Resistance | |
Level 1 | 1.0305 | 1.0420 |
Level 2 | 1.0300 | 1.0480 |
Level 3 | 1.0260 | 1.0530 |