EURUSD Under Pressure, Seeking Selling Confirmation
www.forexeducation.forexsahara.comEURUSD Analysis – Strength in the US dollar has the potential to pressurize EURUSD, the current price is undergoing a correction with a likelihood of further decline.
Today’s Trading Strategy:
SELL in the Range of 1.07578 – 1.07801
Target: 1.07441 – 1.07218
Alternative:
BUY STOP @1.07801
Target: 1.07959 – 1.08161
Resistance
- R1 1.07801
- R2 1.07959
- R3 1.08161
Support
- S1 1.07578
- S2 1.07801
- S3 1.07441
- S4 1.07218
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