EURUSD 2018-03-12

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Euro managed to retreat from resistance 1.2440-60 as we advised last week and as we see over our previous chart

Market managed to hit first target zone 1.2250-70 last Friday where managed to obtain a rebound correction toward resistance 1.2335

Intraday Level howing ability for trading zone between 1.2250-70 and resistance 1.2335 where a below 1.2250 may lead for farther drop to re-test 1.2165 which in turn may provide rebound correction again toward 1.2335

Above 1.2335 market may head again to re-tetst downtrend line around 1.2420-40 zone

  Support Resistance
Level 1 1.2250-70 1.2335
Level 2 1.2165 1.2420-40
Level 3 1.2090 1.2555
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