Hye fellows, EURUSD continued bullish to finish at 1.0998 as it picked back up to complete the retracement after dropping distinctly on Friday. The pair, however, consolidating below its major resistance level of 1.1045. It rose to add 30 pips to an opening price of 1.0968. Although, the pair traded in a daily range of 44 pips beside a high of 1.1007 moreover a low of 1.0963.

Today on Tuesday, the investors are suggested to observe the subsequent events:

• No Economic News
• CPI m/m
• Core CPI m/m

Technical Overview:

EURUSD dropped after achieving 23.6% retracement moreover right now it is expected to target 1.0935 soon if it stays beneath 1.1045 today. The significant resistance is located around 1.1065, whilst the intra-day support prevails at 1.0975 & 1.0925.
Daily Trading Range

1.1310 – 1.1025

Daily Support & Resistance Levels
R3: 1.1151
R2: 1.1088
R1: 1.1046
Pivot Point: 1.1025
S1: 1.0983
S2: 1.0961
S3: 1.0898

Trading Recommendation:
Still active Sell Stop: 1.1010
Take Profit:
1st @ 1.0935
Stop Loss @ 1.1035

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