EURUSD Forex Analysis for Today, Wednesday (29-11-2023)





EURUSD Forex Analysis for Today, Wednesday (29-11-2023)

EURUSD Continues Upward, Look for Buying Opportunities

EURUSD Analysis – The upward movement of EURUSD continues, as the price attempts to breach the resistance area.

Today’s Trading Strategy:

Consider BUYING EURUSD today if it breaks above the range of 1.10021 – 1.10184, with potential gains towards the zone of 1.10424 – 1.10559.

Alternatives:

If the resistance zone of 1.10021 – 1.10184 fails to be breached, it may pressurize EURUSD downwards towards the range of 1.09318 – 1.09212.

Resistance Levels

  • R1: 1.10184
  • R2: 1.10559
  • R3: 1.11154

Support Levels

  • S1: 1.09212
  • S2: 1.08825
  • S3: 1.08467


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