Forex Trading Library

EUR/USD – 20.10.2025

By Rami Abu-Draa On Oct 20, 2025

The Euro met the target and resistance zone of 1.1700-20 last Friday.

As we see over the Intraday chart, prices still face a support zone at 1.1610-30. If prices remain above this zone, another advance toward 1.1775-85 will be expected.

Below 1.1610 more of a drop could hit the market with supports at 1.1540 and 1.1390.

	SUPPORT	RESISTANCE
LEVEL1	1.1610-30	1.1775-85
LEVEL2	1.1540	1.1850
LEVEL3	1.1390	1.1920

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

The Week Ahead – more headaches for central banks

GBP/USD – 20.10.2025