EURUSD 2018-04-10

Posted on

Euro managed to rebound again to test resistance zone 1.2335 wich pushed the market lower last week

Intraday Levels showing resistance at 1.2340-60 where as long as market holding below a chance for a drop correction toward 1.2260 will sustain

Above 1.2360 market may add more advance bonus toward 1.2430-50 zone

Below 1.2260 market may back again for ability to resume drop to test 1.2165-80 zone

  Support Resistance
Level 1 1.2300 1.2340-60
Level 2 1.2260 1.2430-50
Level 3 1.2165-80 1.2555
(Visited 1 times, 1 visits today)

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.

- Website

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

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.

© Orbex