EURUSD 2018-03-15

1 2

Euro managed to retreat before testting risistance zone 1.2420-40 where market now closing from support 1.2335-45

As long as market holding trades above 1.2335 another advance wave may hit the market to test 1.2420-40 which in turn may activate another drop wave toward 1.2275 zone

Below 1.2335 market may show more week signals that may push market toward 1.2275 and 1.2200 zone

Above 1.2440 more advance will be expected where second resistance laying at 1.2550 zone

  Support Resistance
Level 1 1.2335 1.2420-40
Level 2 1.2275 1.2555
Level 3 1.2165 1.2620

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