EURUSD 2018-02-20

Posted on

Euro managed to fell below 1.2375 which may activate another drop wave toward 1.2220-30 zone as we advised yesterday

Market facing main resistance at 1.2435 which will continue to add drop pressure over market to test 1.2220-30 zone

From that zone 1.2220-30 will expect another rebound toward 1.2435 zone

Below 1.2220 more drop to test 1.2165 is expected

  Support Resistance
Level 1 1.2300 1.2375
Level 2 1.2220-30 1.2435
Level 3 1.2165 1.2470
(Visited 32 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex