EURUSD
EURUSD is still stuck between MA100 with support at 0.97871. Unlike other USD pairs, EURUSD still determines the direction of the trend and is not volatile at all after the news last night. The price is still in the sideway range of 0.97564 - 0.98366 so it is better to wait for a breakout to occur in this pair before entering a position.
Possible to take
It is better to wait for confirmation of the market direction before trading on this pair.
R3 0.99649
R2 0.99241
R1 0.98930
PV 0.97871
S1 0.97564
S2 0.96858
S3 0.96387
EURUSD is still stuck between MA100 with support at 0.97871. Unlike other USD pairs, EURUSD still determines the direction of the trend and is not volatile at all after the news last night. The price is still in the sideway range of 0.97564 - 0.98366 so it is better to wait for a breakout to occur in this pair before entering a position.
Possible to take
It is better to wait for confirmation of the market direction before trading on this pair.
R3 0.99649
R2 0.99241
R1 0.98930
PV 0.97871
S1 0.97564
S2 0.96858
S3 0.96387