EUR/USD analysis for May 26, 2017
May 26, 2017 11:39 amVideo
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Recently, the EUR/USD pair has been trading sideways at the price of 1.1205. According to the 30M time frame, I found a resistance cluster at the price of 1.1230. My advice is to watch for potential selling opportunities. The downward targets are set at the price of 1.1170 and 1.1090.
Resistance levels:
R1: 1.1240
R2: 1.1255
R3: 1.1280
Support levels:
S1: 1.1195
S2: 1.1180
S3: 1.1160
Trading recommendations for today: consider potential selling opportunities.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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