EURUSD 2017-12-11

Posted on

Euro managed to hit target 1.1710-30 last week

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

Euro managed to head for rebound correction where market facing resistance at 1.1810-25 one

As long as market holding below 1.1810-25 another drop movement toward 1.1710 is expected

Above 1.1825 more advance to test 1.1900 will be expected which in turn my push market again for another drop wave

Below 1.1710 market may sustain drop toward 1.1600-20 zone

  Support Resistance
Level 1 1.1770 1.1810-25
Level 2 1.1710 1.1860
Level 3 1.1650 1.1900
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