EURUSD Potential Upside, Seek Buying Opportunities
Analysis of EURUSD – EURUSD is moving in a consolidation phase, with bullish tendencies still influencing EURUSD’s movement.
Today’s Trading Strategy:
Potential to BUY EURUSD today as long as it doesn’t breach the lower area of 1.07829 – 1.07699, with the possibility of rising towards the range of 1.08765 – 1.08888.
Alternatives:
A breakthrough of the support area at 1.07829 – 1.07699 might push EURUSD down towards the zone of 1.06937 – 1.06913.
Resistance Levels:
- R1: 1.08888
- R2: 1.09632
- R3: 1.10754
Support Levels:
- S1: 1.07699
- S2: 1.06913
- S3: 1.06540
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