As Expected, EURUSD still rebound, move away from its low.
As I said in the previous idea :
"So far, EURUSD still rejected from1.0340. While Above 1.0340, Potential Rebound to target 1.0635 & 1.0800."
Now, EURUSD is still in Consolidating Around 1.0591 & 1.0806.
1.0806 is its former Strong Support, now acting as its Strong Resistance.
Break Above 1.0806, would Open The Way To Test 1.0936-1.1021 Area.
Strongest Resistance at 1.1495, its Triple Top.
But, if EURUSD Break Below 1.0591, then would Retest 1.0348.
Strongest Support at 1.0348, its Double Bottom.
As I said in the previous idea :
"So far, EURUSD still rejected from1.0340. While Above 1.0340, Potential Rebound to target 1.0635 & 1.0800."
Now, EURUSD is still in Consolidating Around 1.0591 & 1.0806.
1.0806 is its former Strong Support, now acting as its Strong Resistance.
Break Above 1.0806, would Open The Way To Test 1.0936-1.1021 Area.
Strongest Resistance at 1.1495, its Triple Top.
But, if EURUSD Break Below 1.0591, then would Retest 1.0348.
Strongest Support at 1.0348, its Double Bottom.