EURUSD 2017-05-16

Euro managed to head above 1.1025 on heaven demand after report the U.S. president revealed classified information to Russia’s diplomat last week.

market now facing first support zone at 1.0980-90 where as long as market holding above the Shot-run may have chance for farther advance toward 1.1110 and 1.1170 zone

below 1.0980 risk for more drop may hit the market which may lead for another test to 1.0850-70 zone

  Support Resistance
Level 1 1.0980-90 1.1070
Level 2 1.0905 1.1110
Level 3 1.0850 1.1170

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