EURUSD 2018-01-26

Posted on

Euro managed to headfor fast drop correction yesterday on the wake of U.S Dollar after President Donald Trump announced that he expected stronger Dollar

Market being on the overbought zone may drive for another drop correction wave toward 1.2270-1.2325 zone which in turn may drive for another advance toward 1.2560 zone

Below 1.2270 more drop to re-test the old support 1.2170-80 is expected

  Support Resistance
Level 1 1.2420 1.2490
Level 2 1.2365 1.2535-60
Level 3 1.2270 1.2620
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