Forex Trading Library

EURUSD 2018-02-20

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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
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