Pivot point: 1.0833
EURUSD tested first resistance before falling right back to where the market opened. For future trading references, if a bullish trend emerges then the resistance of 1.0855 could be broken and push the price up to 1.0882. However, if the downward trend returns then the support of 1.0806 may falter, which could pull the price lower to 1.0784.
Resistance level 1: 1.0855 Resistance level 2: 1.0882 Resistance level 3: 1.0903
Support level 1: 1.0806 Support level 2: 1.0784 Support level 3: 1.0758
EURUSD tested first resistance before falling right back to where the market opened. For future trading references, if a bullish trend emerges then the resistance of 1.0855 could be broken and push the price up to 1.0882. However, if the downward trend returns then the support of 1.0806 may falter, which could pull the price lower to 1.0784.
Resistance level 1: 1.0855 Resistance level 2: 1.0882 Resistance level 3: 1.0903
Support level 1: 1.0806 Support level 2: 1.0784 Support level 3: 1.0758