EURUSD Rebound Heading Towards Resistance

EURUSD Analysis – The strengthening of the US dollar still has the potential to pressurize EURUSD, with the current price undergoing a correction.

Today’s Trading Strategy:

• SELL in the Range of 1.08450 – 1.08578
• Target: 1.08293 – 1.08038
• Alternative:
• BUY STOP @1.08578
• Target: 1.08886 – 1.09117

Resistance Levels

• R1 1.08578
• R2 1.08886
• R3 1.09117

Support Levels

• S1 1.08450
• S2 1.08578
• S3 1.08293
• S4 1.08038

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