Prepare to BUY EURUSD, Monitor Potential Breakout of Resistance
Analyze EURUSD
USD Weakness Strengthens Euro
EURUSD strengthened after data showing declines in the manufacturing and construction sectors triggered a weakening of the USD.
Buy on Resistance Breakout
Prices appear to be testing the resistance area on the H1 time frame. Look for buying opportunities if that resistance area is breached.
Prediction: STRONG EURUSD
- Resistance
- R1 1.09241
- R2 1.09025
- R3 1.09433
- R4 1.09593
- Support
- S1 1.08889
- S2 1.09025
- S3 1.08671
- S4 1.08098
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