Forex Trading Library

EURUSD 2017-02-17

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market managed to head for rebound correction after better than expected Inflation data for the U.S. as traders noticed profit taking

so far market facing resistance at 1.0700-10 zone where as long as market holding below another drop correction may hit market toward 1.0525-50 zone

above 1.0710 market will have chance for farther advance toward 1.0800-30 zone

  Support Resistance
Level 1 1.0600 1.0700-10
Level 2 1.0520 1.0800-30
Level 3 1.0450 1.0875
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