EURUSD 2017-10-23
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 |