We continue with our previous outlook from a few weeks ago, despite the market spike above 1.2815.
As seen on the chart and if the market holds below 1.2800-15, then a further drop will be expected with supports at 1.2640 and 1.2450.
A daily close above 1.2815 could advance further with resistances at 1.2890 and 1.3000.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.2640 | 1.2815 (Daily Close) |
LEVEL2 | 1.2450 | 1.2890 |
LEVEL3 | 1.2330 | 1.3000 |
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