Forex - Chart EUR/USD Update: Break of 1.1800 shift focus towards 1.1718


 00:11 (GMT) 17 May

  [Forex Charts]

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Chart EUR/USD Update: Break of 1.1800 shift focus towards 1.1718 (0100-ZQHK-C01)

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Asterisk denotes strength of level

01:00 GMT - Still weak and break of the 1.1800 level to reach fresh low at 1.1764 shift focus to the Dec low at 1.1718. However, divergence on daily tools caution bounce with resistance now at 1.1854 and 1.1926. Would need lift over these to clear the way for stronger recovery to the 1.2000 level and the 200-day MA at 1.2021.


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