EURUSD 2018-03-28

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EURO managed to hold trades above support zone 1.2360-70 so far

If this support zone 1.2360-70 managed to support market another advance wave toward 1.2430-60 will be expected

Above 1.2475 market will face another resistance zone at 1.2520-55 zone

Below 1.2360 market may sustain drop toward 1.2300-10 zone which will consider Intraday support

Below 1.2300 more drop will have chace toward 1.2240-50 zone

Support Resistance
Level 1 1.2360-70 1.2440-50
Level 2 1.2300-10 1.2555
Level 3 1.2240-50 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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