Forex Trading Library

EURUSD 2018-04-04

By Rami Abu-Draa Last updated Oct 31, 2021

Euro managed to hit below 1.2280 yesterday which may add more drop pressure over the Intraday Levels

Market now facing resistance zone at 1.2320-45 which if managed to hold trades below another drop wave will be expected toward 1.2185-99 zone

Above 1.2345 market may add more bonus to head toward 1.2420-40 zone

	Support	Resistance
Level 1	1.2280	1.3220-45
Level 2	1.2240	1.2420-40
Level 3	1.2165	1.2480

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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