The Euro fell below 1.1600 as rising US bond yields weighed on the pair.
The Euro managed to push below 1.1600 as US Bond yields rose.
As we see from the chart, the market has the chance for a trading zone between support 1.1530-80 and resistance 1.1660.
Below 1.1530 more of a drop toward 1.1410-50 will be expected.
Above 1.1660 more advance toward 1.1780 is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.1530-80 | 1.1660 |
LEVEL2 | 1.1410-50 | 1.1780 |
LEVEL3 | 1.1210 | 1.1850 |
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