EURUSD Forex Analysis for Today – Wednesday (22-11-2023)

EURUSD Forex Analysis for Today – Wednesday (22-11-2023)

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EURUSD Correction, Potential Upside

Analysis of EURUSD – The EURUSD is undergoing a correction, although the bullish bias continues to influence its movement.

Today’s Trading Strategy:

Opportunity to BUY EURUSD today as long as it doesn’t breach the lower area of 1.087767 – 1.08644, with the potential to rise towards the range of 1.09598 – 1.09667.

Alternatives:

  • Resistance
    • R1 1.09667
    • R2 1.10362
    • R3 1.10894
  • Support
    • S1 1.08644
    • S2 1.08215
    • S3 1.06537
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