
The Euro moved above the resistance of 1.1720-40 which could cause a further advance toward targets 1.1830 and 1.2000.
As we see over the previous Intraday chart, the market is facing support around 1.1680. If prices hold above it, more advance will be expected toward 1.1830 which could in turn push for a correction.
Above 1.1830 more advance toward the second target at 1.2000 will be expected.
Below 1.1680 a risk for more of a drop could hit the market with support at 1.1575-1.1600.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.1680 | 1.1830 |
LEVEL2 | 1.1575-1.1600 | 1.1905 |
LEVEL3 | 1.1515 | 1.2000 |
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