EURUSD 2018-07-12

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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
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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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