EURUSD 2017-02-20
As we advised last Friday and as we see over our previous chart
market managed to head for rebound correction after better than expected Inflation data for the U.S. as traders noticed profit taking last week
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 |