Forex Trading Library

EURUSD 2017-10-23

0 163

As we advised last week and as we see over our previous chart

Market fail to break above 1.1860-80 zone which add more drop pressure where Euro went today for more drop  while target will remain toward 1.1700 zone

From 1.1680-1.1700 market may head for another rebound correction toward 1.1880 zone

Below 1.1660 Euro may enter new downtrend wave that may lead for farther drop toward 1.1550 and 1.1400 zone

Above 1.1880 market may head for farther advance toward 1.2000 zone

  Support Resistance
Level 1 1.1700 1.1800
Level 2 1.1660 1.1860-80
Level 3 1.1550 1.1980
Leave A Reply

Your email address will not be published.