The pair managed again to hit another correction while still facing the support zone of 157.25-65.
The pair managed again to hit another correction while still facing the support zone of 157.25-65, which could hold prices inside this trading zone toward resistances 160.20 or 161.95.
Above 161.95 the market could enter a new uptrend wave with first target toward 163.80.
Below 157.25 more of a drop toward 154.00 is expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 157.25-65 | 160.20 |
LEVEL2 | 155.60 | 161.95 |
LEVEL3 | 154.00 | 163.8 |
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