EURUSD. 30.10.2017

30.10.2017

EURUSD 

Euro managed to head for rebound correction before testing support 1.1550.

Market now facing resistance at 1.1645 and 1.1675 which may push market again for another drop toward 1.1575-85 zone.

Above 1.1675 more advance to test 1.1720-30 ie expected before market continue downtrend wave toward 1.1420 zone.

Will expect market to hold short-run trading zone between 1.1575 and 1.1675-1.1720.

Support

    Resistance

Level 1     

1.1575    

    1.1645

Level 2

1.1500  

    1.1675

Level 3

1.1420

    1.1720-30

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