Forex Trading Library

EUR/USD – 24.09.2024

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The Euro dropped as prices remained below the resistance of 1.1200.

As we see over the Intraday chart, market is facing support around 1.1070 and hit a low of 1.1083 yesterday.

As long as the market remains above this support, another rebound will be expected with resistance still at 1.1200.

Above 1.1200 more advance will be expected with resistances around 1.1275 and 1.1390.

Below 1.1070 more of a drop will be expected with support around 1.1000.

SUPPORT RESISTANCE
LEVEL1 1.1070 1.1200
LEVEL2 1.1000 1.1275
LEVEL3 1.0880 1.1390

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