Forex Trading Library

EURUSD 2018-08-15

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As we advised early this week and as we see over our previous chart

Euro managed to sustain drop where managed today to get close from support 1.1300

As long as market holding trades above 1.1290 another rebound correction may hit market toward 1.1420-30 and 1.1480 where from there another drop wave may control the market as we see

Below 1.1290 market may enter new downtrend wave that may set course toward 1.1200 and 1.1130

  Support Resistance
Level 1 1.1290-1.1300 1.1350
Level 2 1.1250 1.1430
Level 3 1.1200 1.1480
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