Forex Trading Library

EURUSD 2018-01-08

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Euro managed to continue drop toward 1.2000 support level as we advised last week while managed today to print below this support

Intraday levels showing support at 1.1940-60 zone which in turn may provide another rebound correction toward 1.2060-80 zone as we see over the chart

Below 1.1940 more drop toward 1.1860 will be expected

Short-run still showing ability for trading zone between support 1.1860 and 1.2060

  Support Resistance
Level 1 1.1940-60 1.2025
Level 2 1.1860 1.2060-80
Level 3 1.1780 1.2160
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