Daily Market Report 27-04-2016 by Orbex
EUR/USD
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EUR/USD
1.1315
Market managed to jump above 1.1310 which activate farther advance while market awaiting today the FOMC statement to get more clue for the future of the dollar interest rate .
market facing resistance zone at 1.1350-60, where as long as market holding below this zone another drop is available toward 1.1150-70 .
above 1.1360 market may add more advance to break above 1.1395 which may give the market an opportunity to build new uptrend wave toward 1.1495 |
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SUPPORT |
RESISTANCE |
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LEVEL1 |
1.1235 |
1.1350-60 |
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LEVEL2 |
1.1150-70 |
1.1420-35 |
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LEVEL3 |
1.1050-70 |
1.1495 |
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