EURUSD 2017-12-05
Euro managed to hold a trading zone between 1.1800 and 1.1940-60 zone
As we see over the chart, EURUSD facing first Intraday resistance at 1.1880 where as long as market holding below the downtrend pressure will sustain toward 1.1715-30 support zone which may provide some rebound correction for market
Above 1.1880 market may have chance to re-test 1.1940-60 resistance zone which in turn may provide another drop wave toward 1.1715-30
below 1.1710 more drop toward 1.1620-50 is expected
Support | Resistance | |
Level 1 | 1.1800 | 1.1880 |
Level 2 | 1.1715-30 | 1.1940-60 |
Level 3 | 1.1620-50 | 1.2060 |