With the market focusing on US Inflation figures, the Euro moved back above the resistance of 1.0360 which gives an indication of another advance.
However, and as we see over the chart, prices face Intraday resistance around 1.0440-60, where as long as the market holds below it, a chance for some a correction could hit the market.
Above 1.0460 more advance toward 1.0535 and 1.0610-30 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0280 | 1.0440-60 |
| LEVEL2 | 1.0175 | 1.0535 |
| LEVEL3 | 1.0075 | 1.0610-30 |
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Financial Market Newsflash
Tuesday, April 22, 2025
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