EURUSD 2018-02-23
As we advised early this week
Euro still holding downtrend wave as long as market sustain trades below 1.2360 resistance where target still toward 1.2220-30 zone
From that zone 1.2220-30 will expect another rebound correction toward 1.2450 zone
Any break above 1.2360 will set new target for farther advance toward 1.2450-70
Below 1.2220 more drop to re-tets 1.2165 may hit the market
Support | Resistance | |
Level 1 | 1.2220-30 | 1.2360 |
Level 2 | 1.2165 | 1.2440-70 |
Level 3 | 1.2070-80 | 1.2550 |