Forex Trading Library

EURUSD 2017-08-03

0 175

as we advised before, Euro managed to met target 1.1910 before retreating fast yesterday

market now facing resistance at 1.1910 which may push the market for drop correction toward 1.1615

while above 1.1910 market will face another resistance at 1.1980 which in turn may push the market for drop correction toward 1.1615

Mid-Run last resistance laying at 1.2035-50 where as long as market holding below another drop wave may hit the Euro this year as we explained previously on our Mid-Run chart 

  Support Resistance
Level 1 1.1815 1.1910
Level 2 1.1785 1.1980
Level 3 1.1700 1.2035
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