EURUSD price are expected to rise today , as continueasly bullish today , we want to see the price at resistance levels 1.06098 , then we will start .
TECHNICAL ANALYSIS :
on the technical front, eurusd is trading above, moving average , indicating a bullish trend .and the relative RSI is also pointing to oversold conditions ,suggesting a potential rebound.
SNR
key level for EURUSD are at 1.03319 ,while resistance levels for EURUSD are at 1.06098 .
TRADING STRATEGY :
based on our analysis ,we recommend a short position in eurusd targeting a move towards 1.06098 . however , traders should be cautions of potential pullbacks and adjust their strategies accordingly.
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