EURUSD 2018-05-07

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Euro managed to hold trades below resistance 1.2050 where managed last week to hit target 1.1900-20 zone

Intraday Levels showing support at 1.1900-20 zone which may hold the current trading zone toward 1.2050

Below 1.1900 another drop wave may control market toward 1.1700-20 zone

  Support Resistance
Level 1 1.1900-20 1.2030-50
Level 2 1.1815 1.2150
Level 3 1.1700-20 1.2250-60
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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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