AbsoluteWillid

EURUSD Daily Projection 07/10/22

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD

EURUSD continues to try to break support 0.97871 after attempts to confirm the uptrend on the daily timeframe were unsuccessful. EURUSD is now in a large range of 0.97871 - 0.98930 and will re-confirm its downtrend before the NFP tonight. The price possibly will make correction first to resistance 0.98930 before falling back down and landing at support 0.96858. NFPs later tonight can speed up this process so be careful about entry.


SELL LIMIT 0.98862 SL 0.99371 TP 0.96887

R3 0.99649
R2 0.99241
R1 0.98930
PV 0.97871
S1 0.97564
S2 0.96757
S3 0.96387

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