EURUSD 2018-09-26

0 28

Euro managed only to hit 1.1815 high this week while market closing from Fed Rate decision today

As expectation still showing a rate hike by 0.25% this may give the Dollar some support for farther rebound

Intraday Levels showing that Euro facing first support at 1.1720 where as long as market holding above the chance for another advance to test 1.1840-50 zone still on hand

Below 1.1720 market will face the uptrend support around 1.1660-80 zone which again may give a chance for some rebound correction for euro

Below 1.1660 Euro may give signals for farther drop to re-test 1.1500-30 zone

  Support Resistance
Level 1 1.1720 1.1775
Level 2 1.1660-80 1.1815
Level 3 1.1575 1.1850

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

Leave A Reply

Your email address will not be published.