EURUSD Under Pressure, Seek Sell Signals
EURUSD Analysis – The weakening euro is pressuring EURUSD. From the H1 timeframe chart, there’s potential correction towards the Fibonacci area. Look for selling confirmations today.
Today’s Trading Strategy:
- SELL in the Range of 1.09519 – 1.09653
- Target: 1.09424 – 1.09303
- Alternative:
- BUY STOP @1.09653
- Target: 1.09736 – 1.09869
Resistance Levels
- R1 1.09653
- R2 1.09736
- R3 1.09869
Support Levels
- S1 1.09519
- S2 1.09653
- S3 1.09424
- S4 1.09303
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