as we advised last week
Market managed to break below 1.2300 in signs of more drop yet to come
Market now facing first resistance at 1.2300-20 zone where as long as market holding below more drop yet to come toward 1.2200 and 1.2100 zone
Above 1.2330 more advance may hit market toward 1.2400 zone
Support | Resistance | |
Level 1 | 1.2255 | 1.2300-20 |
Level 2 | 1.2200 | 1.2400 |
Level 3 | 1.2150 | 1.2500 |