Recently, the EUR/USD has been trading sideways at the price of 1.1203. They analysis from yesterday is still active. According to the H1 time frame, I found the bullish Wolfe Wave pattern and hidden bullish divergence on the moving average oscillator. My advice is to watch for potential buying opportunities. The upward targets are set at the prices of 1.1350 and 1.1400.
Resistance levels:
R1: 1.1220
R2: 1.1223
R3: 1.1225
Support levels:
S1: 1.1214
S2: 1.1212
S3: 1.1210
Trading recommendations for today: watch for potential buying opportunities.
The material has been provided by InstaForex Company - www.instaforex.com