The Euro broke above 1.1050 and continues to as projected last week as the next resistance is towards 1.1140.
The market could head for a drop to 1.1140 with support at 1.1030-50 before advancing again.
Above 1.1140 will be the first sign of further advance towards the second target and resistance of 1.1275.
Below 1.1030 more of a drop could hit the market before moving to the second support at 1.0950.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.1030-50 | 1.1140 |
LEVEL2 | 1.0950 | 1.1200 |
LEVEL3 | 1.0890 | 1.1275 |
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