Forex Trading Library

EURUSD 2018-07-12

Technical Analysis

By Rami Abu-Draa Last updated Jul 28, 2025

EURUSD failed to hold support 1.1670-90 while Intraday levels showing continues drop pressure

Market facing 1.1695 and 1.1740 as resistance while market support laying at 1.1575-85 zone

Above 1.1740 market will face 1.1790 and 1.1860-90 resistance

While below 1.1570 market may attack the short-Run support 1.1505-20

	Support	Resistance
Level 1	1.1635	1.1695
Level 2	1.1575-85	1.1725-40
Level 3	1.1505-20	1.1790

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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