
The Euro dropped from the resistance zone of 1.1720-40 as the market closed from the support trend at 1.1575-95.
As we see over the chart the Euro is still holding this trading zone in a triangle formation.
Below 1.1575 more of a drop will be expected with supports at 1.1515 and 1.1390.
Above 1.1740 more advance toward 1.1830 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.1575-95 | 1.1720-40 |
LEVEL2 | 1.1515 | 1.1830 |
LEVEL3 | 1.1390 | 1.2000 |
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