
The Euro managed to add more of a drop below 1.1770 as the market still holds above the second support of 1.1700, which is still showing a chance for further advance towards the 1.2000 zone.
As we see over the chart, as long as the market holds above 1.1700 the advance wave could sustain.
Below 1.1700 a chance for further drop could hit the market with support around 1.1575, which could push for a rebound.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.1700-50 | 1.1820-50 |
LEVEL2 | 1.1575 | 1.1920 |
LEVEL3 | 1.1390 | 1.2000 |
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