EURUSD 2017-12-08
As we advised early this week
Euro managed to sustain drop wave correction where managed today to hit doors for target 1.1710-30 zone
As long as market holding above 1.1710 market may head for rebound correction to re-tets resistance 1.1815-25 which as long as market kept trading below this level the downtrend pressure will sustain at short-run
Above 1.1825 more advance to test 1.1900 will be expected which in turn my push market again for another drop wave
Below 1.1710 market may sustain drop toward 1.1600-20 zone
Support | Resistance | |
Level 1 | 1.1710 | 1.1815-25 |
Level 2 | 1.1650 | 1.1900 |
Level 3 | 1.1600 | 1.1960 |