EURUSD 2018-07-02

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Along with our projection last week Euro managed to rebound from Short-run support 1.1510 while market topped 1.1690 today

Intraday levels showing support zone around 1.1600-20 where as long as market holding above this zone more advance toward 1.1760-80 zone will be expected

Below 1.1590 more drop to re-test 1.1510-40 zone is expected

Below 1.1500 another drop wave may hit the market

  Support Resistance
Level 1 1.1600-20 1.1700-20
Level 2 1.1510-40 1.1760-80
Level 3 1.1400 1.1860-90
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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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