Get Ready to BUY EURUSD! Monitor Potential Resistance Breakout
Daily EURUSD Analysis
German IFO Survey Improves Beyond Expectations
The German IFO Business Climate Index survey strengthens beyond expectations and overall business expectations improve. Meanwhile, the market awaits the release of US Advanced GDP data, which is expected to weaken tonight.
Monitor Potential Resistance Breakout
Currently, prices are still testing the resistance area. EURUSD has bullish potential if resistance is successfully breached.
Prediction: STRONG EURUSD
Resistance
- R1 1.07181
- R2 1.06729
- R3 1.07343
- R4 1.07558
Support
- S1 1.06729
- S2 1.07181
- S3 1.06544
- S4 1.06364
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