EURUSD 2018-03-19

Posted on

Euro still holding tight trading zone as downtrend pressure still affecting market as we advised last week

Intraday-Levels showing resistance at 1.2300-35 where as long as market holding below more drop toward 1.2165-85 zone is expected, where a rebound correction will be expected from that support zone 1.2165-85 as we see over the chart

Above 1.2335 market may head for farther advance to re-tetst downtrend line around 1.2400-20 zone which in turn may push back the market toward 1.2300-35 zone

Above 1.2420 more advance toward 1.2550 may hit the market

  Support Resistance
Level 1 1.2260 1.2300-35
Level 2 1.2165-85 1.2400-20
Level 3 1.2090 1.2550
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