EURUSD back to support zone

Sep 27, 2017

EURUSD is in uptrend since April 17'. Now we are seeing correction to support zone near 1.17000. This support zone was appointed in august where we can see a lot of candles with bottom shadows. There was a place where buyers were took the initiative. At the end of august and in september EURUSD was in consolidation ended with decline. Candles with upper shadows were a sign of supply advantage. Now we must observing price action in support zone near 1.17000.