Recently, the EUR/USD pair has been trading upwards. As I expected, the price tested the level of 1.1676. According to the 15M time frame, I found broken yesterday's high and a successful re-test, which is a sign that selling looks risky. My advice is to watch for potential buying opportuntiies. Another sign of strength is that RSI is rejecting from 50 level. The upward target is set at the price of 1.1675.
Resistance levels:
R1: 1.1650
R2: 1.1665
R3: 1.1675
Support levels:
S1: 1.1630
S2: 1.1620
S3: 1.1610
Trading recommendations for today: watch for potential buying opportunities.
