Recently, the EUR/USD pair has been trading upwards. The price spike at the level of 1.1874. Anyway, according to the 30M time - frame, I found strong resistance around the prirce of 1.3870-1.3880, which is a sign that buying at this stage looks risky. My advice is to watch for potential selling opportuntiies. Downward targets are set at the price of 1.1850 and 1.1805.
Resistance levels:
R1: 1.1865
R2: 1.1900
R3: 1.1920
Support levels:
S1: 1.1810
S2: 1.1790
S3: 1.1755
Trading recommendations for today: watch for potential selling opportunities.
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