EURUSD 2018-07-09

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As we advised last week

Euro managed to hold trades and daily close above 1.1660 where market managed to add more advance toward 1.1780 today

Euro managed to hit first target for the short-run view at 1.1760 while second target still toward 1.1860-90 zone

Intraday Levels showing main support zone at 1.1670-90 where as long as market holding above more advance toward second target 1.1860-90 is expected

Below 1.1670 with daily close below this levels more drop will be expected toward 1.1570-90 zone

  Support Resistance
Level 1 1.1720 1.1810
Level 2 1.1670-90 1.1870-90
Level 3 1.1570-90 1.1960
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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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