Guys, our previous take profit hit at 1.0901. Let’s have another trade idea for today. The EURUSD first level of resistance falls at 1.0911 and gains above the level were marginal in the past week. The level marks the spike low posted during the EU referendum and remains significant. Further resistance at 1.0968 marks prior resistance from early 2015 and had held the exchange rate higher during the summer of 2016.

Bank Holiday (Labor Day)

Treasury Sec Mnuchin Speaks
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Loan Officer Survey

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

Buy Above: 1.0890
Take Profit:
1st @ 1.0920
Stop Loss @ 1.0860

EURUSD - Chart

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