Daily Market Report 25-5-2016 by ORBEX
EUR/USD
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EUR/USD
1.1150
As we advised last week, market managed to sustain drop movement where missed target zone 1.1110-20 by 10 pips only
so far market showing ability for rebound correction where resistance at 1.1245 and 1.1345
below 1.1050 market may enter new downtrend wave which will target 1.0825-50 zone |
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SUPPORT |
RESISTANCE |
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LEVEL1 |
1.1120-40 |
1.1190 |
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LEVEL2 |
1.1050-60 |
1.1245 |
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LEVEL3 |
1.0900 |
1.1345 |
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