As we predicted yesterday and as we see on our previous chart, the Euro managed to break above 1.0915 which could set another advance course.
On the Daily chart, the market is now facing the 1.0860 support level. If prices hold above, it then the advance wave could sustain toward 1.1140 and above.
Intraday levels will face resistance around the 1.0980-99 zone which could push for a correction before advancing towards 1.1140.
Below 1.0860, more of a drop toward 1.0700 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.0860 | 1.0980-99 |
LEVEL2 | 1.0700 | 1.1140 |
LEVEL3 | 1.0600 | 1.1275 |
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