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EURUSD on the Rise, Seek Buying Confirmation
EURUSD Analysis – EURUSD under bullish pressure amid US dollar weakness
Today’s Trading Strategy:
Opportunity to BUY EURUSD today as long as it doesn’t break below the range of 1.09049 – 1.08808, potential rise towards the range of 1.09956 – 1.10362
Alternatives:
If there’s a breakthrough below the support area of 1.09049 – 1.08808, it might push EURUSD down towards the area of 1.08289 – 1.08215
Resistance
- R1: 1.10362
- R2: 1.10754
- R3: 1.11087
Support
- S1: 1.08808
- S2: 1.08215
- S3: 1.06537
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