Recently, the EUR/USD pair has been trading sideways at the price of 1.1240. Anyway, according to the 30M time frame, I found a broken upward trendline and successful breakout of support. My advice is to watch for potential selling opportunities. Downward targets are set at the prices of 1.1200, 1.1180, and 1.1155.
Resistance levels:
R1: 1.1290
R2: 1.1330
R3: 1.1375
Support levels:
S1: 1.1210
S2: 1.1170
S3: 1.1130
Trading recommendations for today: watch for potential selling opportunities.
The material has been provided by InstaForex Company - www.instaforex.com
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