EURUSD 2017-12-12
As we advised early this week, EURUSD still face downtrend pressure below 1.1815-25 resistance zone
As long as market holding below 1.1815-25 another drop wave to test 1.1710 is expected which in turn may provide another rebound correction
Above 1.1825 more advance to test downtrend line around 1.1880-90 is expected
Below 1.1710 market may head for farther drop wave toward 1.1600-20 zone
Support | Resistance | |
Level 1 | 1.1710-30 | 1.1815-25 |
Level 2 | 1.1650 | 1.1880-90 |
Level 3 | 1.1600 | 1.1960 |