Get Ready to SELL EURUSD! Price Still Testing Resistance
Analysis EURUSD
USD Strength Still Overshadowing Euro
The market is still awaiting a series of economic data releases from the United States this week. CPI data will be the focus, to be announced on Wednesday, expected to rise by 3.4% YoY.
Price Still Testing Trendline Area
Prices are still testing the trendline and resistance area. Selling opportunities can be sought in that trendline and resistance area.
Prediction: WEAK EURUSD
Resistance
- R1 1.08342
- R2 1.07905
- R3 1.08569
- R4 1.08809
Support
- S1 1.07905
- S2 1.08342
- S3 1.07694
- S4 1.07502
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