EURUSD Forex Analysis for Today, Friday (01-12-2023)




EURUSD Forex Analysis for Today, Friday (01-12-2023)

EURUSD Reversal, Heading Towards Support

Analysis of EURUSD – The EURUSD has turned downwards towards the support area following poor data from the European region.

Today’s Trading Strategy:

  • SELL at Area 1.09235 – 1.09410
  • Target: 1.08614 – 1.08467
  • Alternative:
  • BUY STOP @1.09410
  • Target: 1.10108 – 1.10192

Resistance Levels:

  • R1 1.09235
  • R2 1.09410
  • R3 1.10559

Support Levels:

  • S1 1.08614
  • S2 1.08467
  • S3 1.08614


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