EURUSD 2018-07-23

Posted on

Euro managed to hold support trend for our old projection for a triangle trading pattern

Euro managed to retreate this morninf from 1.1740-60 zone which still consider as resistance zone which may drive for another drop toward 1.1600 zone

Above 1.1760 market may gather farther advance signals that may complete our Short-run target toward 1.1860-90 zone

Below 1.1580 more drop to re-tets 1.1505-20 zone will be expected

  Support Resistance
Level 1 1.1670-80 1.1740-60
Level 2 1.1580-90 1.1820
Level 3 1.1505-20 1.1890
(Visited 1 times, 1 visits today)

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.

- Website

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

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.

© Orbex