
The Euro held above 1.1265 and managed to advance toward 1.1418 yesterday, closing to the resistance of 1.1440.
As we see from the Intraday chart, prices face a trading zone between the support 1.1350 and resistance 1.1440.
Above 1.1440 more advance will be expected with resistance at 1.1575.
Below 1.1350 more of a drop will be expected with the previous support of 1.1265 still protecting the market, which could activate a rebound.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.1350 | 1.1440 |
LEVEL2 | 1.1265 | 1.1575 |
LEVEL3 | 1.1200 | 1.1720 |
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