Daily Market Report 01-06-2016 by ORBEX
EUR/USD
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EUR/USD
1.1160
as we advised earlier this week, Market managed to sustain drop inside the support-zone where market facing support level at 1.1060-70, while resistance at 1.1150-70 zone
market may head for intraday trading levels between those levels , while any break below 1.1050 may set new path toward 1.0825-50 zone
from another hand, if market managed to hold trades above 1.1050 we may expect some trading zone between 1.1060 - 1.1170 before market gather momentum to obtain bigger rebound toward 1.1245 and 1.1345 |
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SUPPORT |
RESISTANCE |
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LEVEL1 |
1.1050-60 |
1.1170 |
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LEVEL2 |
1.0900 |
1.1245 |
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LEVEL3 |
1.0825-50 |
1.1345 |
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