Recently, the EUR/USD has been trading upwards. The price tested the level of 1.1818. Anyway, according to the 30M time frame, I found double doji candle and fake breakout of yesterday's high at the price of 1.1804, which is a sign that buying looks risky. The RSI oscillator is in an intraday overbought zone, which is another sign of weakness. My advice is to watch for potential selling opportunities. The downward targets are set at the price of 1.1773 and 1.1725.
Resistance levels:
R1: 1.1820
R2: 1.1855
R3: 1.1905
Support levels:
S1: 1.1740
S2: 1.1690
S3: 1.1650
Trading recommendations for today: watch for potential selling opportunities.
