EURUSD 2017-01-16
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/01/18065111/587c9e5474577-750x430.png)
Market managed to head for another drop where closing from support 1.0550-65 as we advised last week
From that support market will have chance for another rebound toward 1.0650 zone
Below 1.0550 more drop will be available toward 1.0500 and 1.0450
Support | Resistance | |
Level 1 | 1.0550-65 | 1.0630 |
Level 2 | 1.0500 | 1.0685 |
Level 3 | 1.0450 | 1.0760 |