EURUSD 2017-12-12

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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

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