EURUSD 2017-10-31
As we advised yesterday and as we see over our previous chart
Euro managed to head for rebound correction before testing support 1.1550
Market now facing resistance at 1.1660-75 which may push market again for another drop toward 1.1575-85 zone
Above 1.1675 more advance to test 1.1720-30 ie expected before market continue downtrend wave toward 1.1420 zone
Will expect market to hold short-run trading zone between 1.1575 and 1.1675-1.1720
Support | Resistance | |
Level 1 | 1.1575 | 1.1660-75 |
Level 2 | 1.1500 | 1.1720-30 |
Level 3 | 1.1420 | 1.1820 |