Forex Trading Library

EURUSD 2018-09-18

By Rami Abu-Draa Last updated Oct 31, 2021

Intraday Levels showing a resistance zone of Euro around 1.1720-35 which if managed to stop the market another drop correction toward 1.1600-20 will be expected

Below 1.1600 more drop to test 1.1500-30 support zone is expected

While above 1.1735 more advance toward 1.1800-50 zone is expected which in turn may provide a drop correction toward 1.1700-30 zone

	Support	Resistance
Level 1	1.1665	1.1720-35
Level 2	1.1600-20	1.1800
Level 3	1.1500-30	1.1850

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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