EURUSD 2018-02-22

2 4

Euro managed to sustain drop wave where market closing from support zone 1.2220-30

As long as market keep holding trade above 1.2220-30 another advance wave will be expected toward 1.2420-50 zone

Below 1.2220 Market may add more drop movement to test 1.2165 which in Turn may provide another rebound correction toward 1.2300-20 zone

Below 1.2165 more drop toward 1.2070-80 will be expected

Intraday Levels showing resistance at 1.2340-60 where as long as market holding below the target toward 1.2220-30 will sustain

Above 1.2360 will be the first sign of the advance wave that will target 1.2420-50 zone

  Support Resistance
Level 1 1.2220-30 1.2300
Level 2 1.2165 1.2360
Level 3 1.2070-80 1.2420-50


or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss