EURUSD 2018-03-26

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EURUSD managed to hold support 1.2285-95 where managed to add more advance today where managed to test target 1.2400-20 as we advised last week

As we see over the chart, market facing resistance zone at 1.2400-40 where another drop wave toward 1.2300-10 zone is expected

from 1.2285-1.2305 zone another advance may set at market inside this trading zone as we see over the chart

Above 1.2440 more advance toward 1.2550 will be expected

Below 1.2285 more drop toward 1.2240 and below is expected

Support Resistance
Level 1 1.2370 1.2400-40
Level 2 1.2285-1.2305 1.2555
Level 3 1.2240 1.2620
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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