EURUSD Forex Analysis for Today, Monday (06-11-2023)
onlineforexafrica.comBullish Accompanies EURUSD, Seek Buying Confirmation
EURUSD Analysis – The weakening of the US dollar affects the movement of EURUSD. EURUSD is rebounding towards the resistance area.
Today’s Trading Strategy:
There is a BUY opportunity for EURUSD today as long as it does not break below the range of 1.06290 – 1.06036, with the potential to rise towards the range of 1.07513 – 1.07696.
Alternative:
A breakthrough of the support area 1.06290 – 1.06036 has the p otential to push EURUSD down to the range of 1.05266 – 1.05102.
Resistance
- R1: 1.07696
- R2: 1.08110
- R3: 1.08567
Support
- S1: 1.06036
- S2: 1.05102
- S3: 1.04428
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