Forex Trading Library

EURUSD 2018-06-28

By Rami Abu-Draa Last updated Jul 28, 2025

Euro managed to fell below 1.1640 yesterday where market managed to sustain drop toward 1.1550 zone and below as we advised before

Market still holding trades above short-Run support 1.1500-10 which if managed to hold market more advance toward 1.1760 and 1.1860 is expected

Below 1.1500 more drop will be expected toward 1.1400 and maybe 1.1300 zone

	Support	Resistance
Level 1	1.1570	1.1600-20
Level 2	1.1500-10	1.1720
Level 3	1.1400	1.1760-80

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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