Daily Market Report 21-04-2016 by ORBEX
EUR/USD
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EUR/USD
1.1300
As we advised yesterday, market fell below (1.1345) where managed to sustain drop toward support zone (1.1270-85) >
as we see over the chart, as long as market holding above 1.1260 the chance for the uptrend wave will sustain toward (1.4195)
below (1.1260) this may consider a break for (double top formation) where market may activate more drop to test support (1.1235) where below this support market downtrend wave may start toward (1.1150) and (1.1050-70) zone |
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SUPPORT |
RESISTANCE |
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LEVEL1 |
1.1345 |
1.1410-30 |
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LEVEL2 |
1.1270-85 |
1.1495 |
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LEVEL3 |
1.1235 |
1.1580 |
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