Forex Trading Library

EUR/USD –07.04.2025

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The Euro held below the daily resistance of 1.1210-75 and dropped further towards 1.0880 so far since last Friday.

As we see on the chart, the target remains at the 1.0750-8 zone which could push for a rebound.

Below 1.0730 more of a drop will be expected with support around 1.0625 and 1.0530.

Above 1.1275 more advance will be expected toward 1.1485 and 1.1650.

SUPPORT RESISTANCE
LEVEL1 1.0880 1.1050
LEVEL2 1.0730 1.1140
LEVEL3 1.0625 1.1210-75

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