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.

EUR
Bank Holiday (Labor Day)

USD
Treasury Sec Mnuchin Speaks
Core PCE Price Index m/m
Personal Spending m/m
Personal Income m/m
Final Manufacturing PMI
ISM Manufacturing PMI
Construction Spending m/m
ISM Manufacturing Prices
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

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

EURUSD - Chart

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