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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