Resistance - 1.1293, 1.1342, 1.1376
Support - 1.1264, 1.1236, 1.12
Pair's rebound from 1.1236 (100-DMA + 38.2% Fibo) followed by a break above 5-DMA and 10-DMA level of 1.1264 has opened doors for a test of 50-DMA at 1.1293 levels.
Failure to take out 1.1293 followed by a fall back below 1.1264 would signal a possible cut through 1.1236 and a drop to 1.12 levels.
Support - 1.1264, 1.1236, 1.12
Pair's rebound from 1.1236 (100-DMA + 38.2% Fibo) followed by a break above 5-DMA and 10-DMA level of 1.1264 has opened doors for a test of 50-DMA at 1.1293 levels.
Failure to take out 1.1293 followed by a fall back below 1.1264 would signal a possible cut through 1.1236 and a drop to 1.12 levels.
