The Euro managed to hit target of 1.0850 today as projected last Friday.
The market is facing the resistance trend on the Triangle pattern around 1.0890-1.0915, which if prices fail to break, then another drop toward 1.0700 will be expected.
Above 1.0915 more advance toward 1.1130 is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.0775 | 1.0890-1.0915 |
LEVEL2 | 1.0650-75 | 1.1000 |
LEVEL3 | 1.0450 | 1.1130 |
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