EURUSD 2017-05-16
Euro managed to head above 1.1025 on heaven demand after report the U.S. president revealed classified information to Russia’s diplomat last week.
market now facing first support zone at 1.0980-90 where as long as market holding above the Shot-run may have chance for farther advance toward 1.1110 and 1.1170 zone
below 1.0980 risk for more drop may hit the market which may lead for another test to 1.0850-70 zone
Support | Resistance | |
Level 1 | 1.0980-90 | 1.1070 |
Level 2 | 1.0905 | 1.1110 |
Level 3 | 1.0850 | 1.1170 |