•SUP 3: 1.0393 (61.8% retracement of 1.1523 to 1.04613 from 1.10509)
•SUP 4:1.0300
Commentary:
EUR/USD has broken major support 1.0550 and decline till 1.0393 cannot be ruled out
On the upside minor resistance is around 1.0590 and break above would extend gains till 1.0645/1.0745. Sell around 1.0590 stop around 1.0650 with target of 1.0460/1.0395.
Comments
Pricemutation
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1.0393 might be possible but 1.0479(previous low on 4-hour chart) is +90% sure.