Euro back again to test support level of 1.1350 where as long s market holding above this support the uptrend movement will sustain for the short-run.
below 1.1350 market will risk for another drop chance to test 1.1280-90 zone where the market will give another chance for uptrend movement to re-gain more advance , while below 1.1270 more drop risk toward 1.1215 may affect market
As we mentioned last week , market in potential Head & Shoulder formation managed to hit the market with drop movement toward 1.4170 so far, while H&S effect still sustain
Intraday trading scenario showing ability for rebound correction toward 1.4270 if support 1.4170 managed to hold the market
while from 1.4270 will expect the downtrend pressure to back to affect the market toward 1.4115 zone
As we see over the chart, market managed to sustain drop toward our target 111.35 while market now facing 2 scenario
as long as market holding above 111.35 the market will have chance for rebound correction toward 112.60-80
below 111.35 market may sustain drop to test 110.50 where from there expect another rebound correction
Oil 6K -
As we advised before for the short-run, market managed to sustain drop toward target 36.15 zone
market now and as we see over the chart have chance for some trading zone between 36.00 - 38.00
as long as market holding below 38.00 will expect farther drop movement to break below 36.00, while above 39.00 zone market may enter a rebound correction wave that may drive toward 42.00 zone
so far market moving along with our expectation inside this downtrend wave that may lead to test 1190-95 zone
as long as market holding below 1225 the downtrend pressure will sustain toward 1205 and 1190-95
above 1235 market may obtain farther rebound correction that may lead toward 1260-65 zone
As we advised before on our previous chart, Market managed to advance and broke above 17650-700 zone which may activate another uptrend wave that may target 18000-100 zone
Market moved in some drop correction last week while managed to hold strong above 17400, as long as market holding above this support the short-run target will sustain toward 18000-100 zone
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