Forex Trading Library

EUR/USD – 21.10.2024

0 39

The Euro met the target of 1.0880 and broke below it, while the market rebounded toward 1.0870 today.

As we see on the Intraday chart, if prices hold below 1.0900, the downtrend pressure could sustain and support at 1.0780 could push for a rebound correction.

Above 1.0900 more advance will be expected with resistance around 1.1000.

SUPPORT RESISTANCE
LEVEL1 1.0780 1.0900
LEVEL2 1.0665 1.1000
LEVEL3 1.0600 1.1085

Join our responsible trading community - Open your Orbex account now! 

Leave A Reply

Your email address will not be published.