Forex Trading Library

EUR/USD – 28.10.2024

0 30

The Euro tested the support trend of 1.0760-80 and pushed for a correction toward 1.0840 so far.

As we see on the chart, if prices remain above the support of 1.0760-80, a rebound toward 1.0940 and 1.1000 will be expected.

Below 1.0720 prices could head for a drop toward 1.0600.

The first Intraday resistance zone is at 1.0820-40.

SUPPORT RESISTANCE
LEVEL1 1.0760-80 1.0840
LEVEL2 1.0665 1.0940
LEVEL3 1.0600 1.1000

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

Leave A Reply

Your email address will not be published.