How to Trade Support and resistance Successfully (Hindi/Urdu)

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Weekly EUR USD Analysis 17 August to 21 August 2020

The Euro initially fell against the U.S. dollar during the week, but found enough support at 1.1780 and remained at a consolidation level below 1.1916 last week.

According to our technical analysis, the pair is expected to find support at 1.1700 and a fall through could take it to the next support level of 1.1480. The pair is expected to find its first resistance at 1.1916, and a rise through could take it to the next resistance level of 1.2080. Weekly expected trading range is between 1.1480 support and 1.1280 resistance.

Weekly expected trend is bullish