Forex Trading Library

EURUSD 2017-12-13

0 354

As we advised early this week, EURUSD still face downtrend pressure below 1.1815-25 resistance zone

Market managed to head for another drop wave toward 1.1717 before market hit some rebound correction

As long as market holding below 1.1765 another drop to test 1.1710 still on hand before market may hod trading zone between 1.1710 and 1.1815

Above 1.1825 more advance to test downtrend line around 1.1880-90 is expected

Below 1.1710 market may head for farther drop wave toward 1.1600-20 zone

  Support Resistance
Level 1 1.1710 1.1765
Level 2 1.1680 1.1815-25
Level 3 1.1600-20 1.1880-90
Leave A Reply

Your email address will not be published.