EURUSD 2017-02-06
As we advised last week, Euro managed to head for rebound correction where managed to close from 1.0800 zone before market start another downtrend pressure this week
Market still looking for farther drop toward 1.0620-40 zone, while Intraday support level at 1.0710
Below 1.0710 this drop wave will has the confirmation of farther drop movement
Above 1.0830 market will face 1.0875 resistance level
Support | Resistance | |
Level 1 | 1.0710 | 1.0765 |
Level 2 | 1.0620-40 | 1.0800-30 |
Level 3 | 1.0500 | 1.0875 |