EURUSD Movement Analysis, Testing Resistance

Analysis of EURUSD – The strengthening of the Euro has the potential to continue driving the EURUSD, with the current price approaching the resistance area.

Today’s Trading Strategy:

• Buy in the Range of 1.08682 – 1.08334
• Target: 1.08943 – 1.09112

Alternative:

• Sell Stop @1.08334
• Target: 1.08190 – 1.08013

Resistance Levels

• R1: 1.08334
• R2: 1.08190
• R3: 1.08013

Support Levels

• S1: 1.08682
• S2: 1.08334
• S3: 1.08943
• S4: 1.09112

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