EURUSD 2018-07-26

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As we advised early this week

Euro managed to test resistance zone 1.1740-60 where so far market still holding below where managed to hit first Intraday target 1.1670 as we advised last Monday

Market closing from ECB rate decision and press conference where as long as market holding below 1.1740-60 more drop to test 1.1600-20 zone is expected where another advance will be expected as we see over the chart

Above 1.1760 more advance toward 1.1860-90 zone will be expected

Below 1.1600 a chance for more drop to re-test 1.1505-20 zone is expected

Below 1.1500  anew downtrend wave may hit the market

  Support Resistance
Level 1 1.1700 1.1740-50
Level 2 1.1600-20 1.1825
Level 3 1.1505-20 1.1890


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