Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1385. Anyway, according to the 30M time frame, I found fake breakout of yesterday's low at the price of 1.1390. My advice is to watch for potential buying opportunities. The RSI is oversold, which is another sign of strength. The upward target Is set at the price of 1.1455.
Resistance levels:
R1: 1.1445
R2: 1.1455
R3: 1.1470
Support levels:
S1: 1.1422
S2: 1.1410
S3: 1.1400
Trading recommendations for today: watch for potential buying opportunities.
