As we advised earlier this week
Market sustain the downtrend pressure with more drop where market closing from our target 1.0620-40 zone
Market will face new support zone at 1.0580-1.0620 where as long as market holding above another rebound correction may hit market toward 1.0710-50
Below 1.0580 market will initiate new downtrend wave that may target 1.0450 zone
Support | Resistance | |
Level 1 | 1.0620-40 | 1.0710 |
Level 2 | 1.0580 | 1.0750 |
Level 3 | 1.0500 | 1.0830 |