Forex Trading Library

EURUSD 2017-11-16

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As we see over our previous chart and as we advised yesterday

Market showing old resistance zone at 1.1860-99 which may be the zone for another drop correction movement that may target 1.1730 and 1.1660

Above 1.1900 market may show ability for more advance while we doubt that Euro will be able to sustain advance above 1.1900 zone

First resistance laying at 1.1810 where as long as market holding below more drop still on hand

  Support Resistance
Level 1 1.1730 1.1810
Level 2 1.1660 1.1860
Level 3 1.1555 1.1900
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