EURUSD 2018-02-07

Posted on

As we advised yesterday and as we see over our previous chart

Euro managed to fell below support 1.2405 2 days ago which may be the first sign of farther drop yet to come

As we see over the chart Intraday Levels showing resistance at 1.2450-60 zone where as long as market holding below more drop yet to come toward 1.2180-1.2200 zone

Market managed yesterday to print 1.2315 low while more drop still on hand

Above 1.2450 the risk for more advance toward 1.2535 may hit the market

  Support Resistance
Level 1 1.2310 1.2405
Level 2 1.2260 1.2450
Level 3 1.2180 1.2535
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