Forex Trading Library

EURUSD 2017-11-01

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EURUSD managed to test resistance 1.1660-75 yesterday while market still under drop pressure

As long as market holding below 1.1660-75 another drop wave to re-test 1.1575 is expected before another advance wave may hit market toward 1.1700 zone as we see over the chart

Short-Run still seeing ability for trading zone between 1.1575 and 1.1700 zone

Market awaiting US Fed minutes today and US labor market data on Friday

  Support Resistance
Level 1 1.1620 1.1660-75
Level 2 1.1575 1.1720-30
Level 3 1.1500 1.1820
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