Forex Trading Library

EURUSD 2018-02-02

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As we advised early this week and as we advised yesterday on our previous chart

EURUSD managed to sustain advance toward target zone 1.2500-35 yesterday

From this zone 1.500-35 a chance for another drop correction wave may hit the market toward 1.2270 and 1.2180

Above 1.2535 market may head for farther advance toward 1.2620 and 1.2660 which in turn may activate another drop wave at market

 

  Support Resistance
Level 1 1.2385 1.2500-35
Level 2 1.2335 1.2620
Level 3 1.2270 1.2660-70
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