Forex Trading Library

EURUSD 2017-05-04

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EURUSD managed to rebound early today after FOMC announcement yesterday to stick with gradual rate hike

market still holding trong above 1.0880 support while short-run still facing resistance zone 1.0950-65

as long as market continue holding below 1.0965 another drop wave may develop on market toward 1.0820-30 zone

above 1.0965 more advance will be expected toward 1.1055 zone

  Support Resistance
Level 1 1.0880 1.0950-65
Level 2 1.0820 1.1000
Level 3 1.0750 1.1050
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