The Euro managed last week to test the edge of our support zone of 1.1245-65 and rebounded toward 1.1380.
As long as the market holds above this support zone at 1.1245-65, the advance wave could sustain for a further advance.
Below 1.1245 more of a drop toward 1.1140-60 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1245-65 | 1.1440 |
| LEVEL2 | 1.1140-60 | 1.1540-75 |
| LEVEL3 | 1.1050 | 1.1690 |
Join our responsible trading community – Open your Orbex account now!
The post EUR/USD –06.05.2025 appeared first on Orbex Forex Trading Blog.