Forex Trading Library

EURUSD 2017-12-05

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Euro managed to hold a trading zone between 1.1800 and 1.1940-60 zone

As we see over the chart, EURUSD facing first Intraday resistance at 1.1880 where as long as market holding below the downtrend pressure will sustain toward 1.1715-30 support zone which may provide some rebound correction for market

Above 1.1880 market may have chance to re-test 1.1940-60 resistance zone which in turn may provide another drop wave toward 1.1715-30

below 1.1710 more drop toward 1.1620-50 is expected

  Support Resistance
Level 1 1.1800 1.1880
Level 2 1.1715-30 1.1940-60
Level 3 1.1620-50 1.2060
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