Forex Trading Library

EUR/USD – 02.01.2024

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As we advised last week, Euro managed to hold trades below resistance 1.0450 where managed to met target 1.0335 and managed today to break below this support

As we see over the chart market will face resistances around 1.0330 and 1.0450 where as long as market keep holding trades below one of those resistances more drop toward 1.0225 and below will be expected

Above 1.0450 a chance for farther advance may hit the market where resistance laying at 1.0610-30

 

SUPPORT RESISTANCE
LEVEL1 1.0225 1.0330
LEVEL2 1.0100 1.0450
LEVEL3 0.9915 1.0610-30

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