On Wednesday, the EURUSD has broken above a major trading level of 1.0909 and made it’s way up to 1.0935. Now it is trading at 1.0938, up +0.04% in the Asian session. The next upside target for EUR/USD is at 1.1000, followed by 1.1142. But even before that, the pair has the nearest resistance at 1.0940 and support can be found at 1.0904 and 1.08700 for today.
EUR
No Economic Event Expected
USD
Crude Oil Inventories
Trading Range:
1.1060 – 1.0850
Support & Resistance Levels
R3: 1.1066
R2: 1.1008
R1: 1.0967
Pivot Point: 1.0909
S1: 1.0868
S2: 1.081
S3: 1.0769
Recommendation
Buy Above:1.0870
Take Profit:
1st @ 1.09010
Stop Loss @ 1.08500
EURUSD -Chart
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