EURUSD Forex Analysis for Today, Thursday(04-01-2024)
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Alert! EURUSD Potential Upsurge!
Analysis on EURUSD – Euro weakening halted in the support area, followed by the appearance of a bullish engulfing pattern. EURUSD has the potential to correct higher today.
Today’s Trading Strategy:
- BUY in the range of 1.09100-1.09050
- Target: 1.09300-1.09350
- Alternative:
- SELL STOP @1.08900
- Target: 1.08660-1.08415
Resistance Levels
- R1 1.08900
- R2 1.08660
- R3 1.08415
Support Levels
- S1 1.09100
- S2 1.09050
- S3 1.09300
- S4 1.09350
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