EURUSD 2018-04-18
Euro still holding a trading zone over Short-Run in side way shape which either can indicate for a correction wave that may set a new uptrend wave Or can be conside the preparation for a bigger drop wave
With US Dollar closing from Short-Run support 88.60-80 and 88.15 the Euro may face hard time for the break
Intraday Levels showing firest resistance at 1.2420-30 where as long as market holding below another drop swing for this trading zone may take place toward 1.2250-60 support as we see over the chart
Above 1.2435 market may face a chance for farther advance where the Short-Run resistance laying at 1.2520-55 which in turn may push the Euro for another drop toward 1.2300
Support | Resistance | |
Level 1 | 1.2335 | 1.2420-30 |
Level 2 | 1.2250-60 | 1.2520-55 |
Level 3 | 1.2185 | 1.2625 |