EURUSD Forex Analysis for Today – Tuesday (05-03-2024)
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Wait for BUY Opportunities in EURUSD, Potential Wedge Pattern Still Present
Daily EURUSD Analysis
Potential Bullish Falling Wedge Pattern
There is a potential formation of a bullish falling wedge pattern on the H1 time frame. A breakthrough of the upper line or resistance will confirm this pattern and increase buying opportunities.
Prediction: STRONG EURUSD
Resistance Levels
- R1: 1.08694
- R2: 1.07826
- R3: 1.08904
- R4: 1.09440
Support Levels
- S1: 1.07826
- S2: 1.08694
- S3: 1.07605
- S4: 1.07207
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