EURUSD 2018-07-03

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Euro managed to rebound as market managed to hold support with trades sustain above 1.1590

Intraday Levels showing resistance around 1.1690 which if managed to hold the market another drop correction toward 1.1550-60 zone may hit the market before the uptrend back again

Above 1.1690 market will give signals for more advance toward 1.1760-80 zone

Below 1.1640 market may start giving weak signals

  Support Resistance
Level 1 1.1640 1.1690
Level 2 1.1590 1.1725
Level 3 1.1550 1.1770
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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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