Forex Trading Library

EURUSD 2018-01-15

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Euro managed to sustain it’s advances at the start of this week, where the market managed to hit it’s target of 1.2220 and broke above this level.

Intraday levels showing support at 1.2240 and 1.2180 where, as long as the market holds above one of the supports shows more advancement toward 1.2335 and maybe 1.2500. This may hit the market as we can see on the chart.

Below 1.2180 a larger drop to re-test 1.2100 may hit the market.

Support Resistance
Level 1 1.2240 1.2335
Level 2 1.2180 1.2420
Level 3 1.2100 1.2500
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