Forex Trading Library

EUR/USD –27.08.2026

Technical Analysis
By Rami Abu-Draa
EUR/USD –27.08.2026
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The Euro held below the resistance of 1.1710 and dropped further to close from target and support at 1.1570.
This support zone of 1.1570 could keep the advance scenario ongoing over the market.
Above 1.1710 more advance is expected with resistance at 1.1790 and 1.1850.
Below 1.1570 more of a drop toward 1.1470 is likely.

SUPPORT RESISTANCE
LEVEL1 1.1570 1.1710
LEVEL2 1.1470 1.1790
LEVEL3 1.1410 1.1850

 

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.

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