As we advised yesterday and as we see over our previous chart
Market still facing first resistance at 111.05-10 where as long as market holding below more drop toward 109.50 and maybe 108.15 may hit the maket
Above 111.10 market may have chance for some rebound correction where another resistance laying at 112.10 which may in turn activate the drop wave toward 109.50 and 108.15
Above 112.10 market may head back again to re-test 113.70 zone
Support | Resistance | |
Level 1 | 110.20 | 111.05-10 |
Level 2 | 109.50 | 111.70 |
Level 3 | 108.20 | 112.10 |