EURUSD 2018-02-22
Euro managed to sustain drop wave where market closing from support zone 1.2220-30
As long as market keep holding trade above 1.2220-30 another advance wave will be expected toward 1.2420-50 zone
Below 1.2220 Market may add more drop movement to test 1.2165 which in Turn may provide another rebound correction toward 1.2300-20 zone
Below 1.2165 more drop toward 1.2070-80 will be expected
Intraday Levels showing resistance at 1.2340-60 where as long as market holding below the target toward 1.2220-30 will sustain
Above 1.2360 will be the first sign of the advance wave that will target 1.2420-50 zone
Support | Resistance | |
Level 1 | 1.2220-30 | 1.2300 |
Level 2 | 1.2165 | 1.2360 |
Level 3 | 1.2070-80 | 1.2420-50 |