EURUSD 2018-03-06

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Euro still holding same model

As we advised in the last 1-2 weeks over EURUSD where market still holding potential trading zone between support 1.2165 and resistance 1.2360

Intraday Levels showing resistance zone still around 1.2360 which may push for another drop to re-tetst 1.2260-80

Market managed yesterday to retreat to test 1.2285 before back to advance again

Support zone 1.2260-80 if managed to support market will expect continues push to break above 1.2360 to head toward 1.2440-70 zone

Below 1.2260 market will show some weakness which may push for another test to 1.2165

  Support Resistance
Level 1 1.2260-80 1.2360
Level 2 1.2165 1.2440-70
Level 3 1.2090 1.2550


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