EURUSD 2018-07-16

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Euro managed to rebound before testing support zone 1.1575-85 indicating strong uptrend signals

Euro managed to broke above first Intraday Levels resistance 1.1695 where more advance still expected toward 1.1760-70 zone wghich may provide some drop correction while market facing first support at 1.1675

Above 1.1770 more advance will be expected toward 1.1860-90 zone

Below 1.1675 a chance to head to test 1.1580-90 may hit the market

  Support Resistance
Level 1 1.1675 1.1760-70
Level 2 1.1580-90 1.1860-90
Level 3 1.1505-20 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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