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EURUSD Technical Analysis

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Daily technical analysis based trade tips and ideas for forex EURUSD. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.

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EURUSD sideways exactly as predicted this week. We recovered from 1.1702 to first resistance at 1.1770/75 & topped just 9 pips above.
Today's Analysis
11 August 2017 Updated at 01:04am GMT
EURUSD holding first resistance at 1.1770/75 re-targets 1.1730/26 (for a little profit taking) before a buying opportunity at 1.1685/80. Try longs with stops below 1.1640.

First resistance at 1.1770/75 but shorts here need stops above 1.1810. A break higher allows a recovery to 1.1875/80 before the 1.0909 high. I don't think we can break above here this week. However be ready to buy an unexpected break above 1.1925 targeting 1.1975/80 & 1.2020/25.
Technical Analysis EURUSD