Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1731. According to the 15M time – frame, I found an intraday trading range between the price of 1.1747 and the price of 1.1730. Since the trend is bearish, my advice is to watch for potential breakout of 1.1730 for selling opportunities. The downward targets are set at the price of 1.1715 and at the price of 1.1665.
Resistance levels:
R1: 1.1800
R2: 1.1825
R3: 1.1843
Support levels:
S1: 1.1755
S2: 1.1745
S3: 1.1715
Trading recommendations for today: watch for potential selling opportunities.
