Recently, the EUR/USD has been trading upwards. EUR/USD gapped about 100 pips and the price tested the level of 1.0919. According to the 4H time frame, I found a divergent bar and confirmation of the divergent bar, which is a sign that buying looks risky. My advice is to watch for potential selling opportunities. The downward targets are set at the price of 1.0722 and 1.0685.
Resistance levels:
R1: 1.0900
R2: 1.0945
R3: 1.0965
Support levels:
S1: 1.0850
S2: 1.0830
S3: 1.0800
Trading recommendations for today: watch for potential selling opportunities.
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