EURUSD TRADING LEVELS

Hi Traders!

Please see our calculated Vector levels to watch out for this week on the EURUSD 1D chart:

VECTOR RESISTANCE 1 - 1.08047
VECTOR RESISTANCE 2 - 1.09298

VECTOR SUPPORT 1 - 1.06352
VECTOR SUPPORT 2 - 1.05161

We currently have a support bounce after hitting the 78.6 Fibonacci (marked 'C' on the chart) retracement level (which also lines up with our Vector 1 support) from the 'A' to 'B' swing (also drawn on the chart).

Resistance was found near our Vector resistance 1 at 1.08047, so now we wait to see if we retest the 78.6% Fibonacci level/Vector support 1 for a possible push further down to Vector support 2 at 1.05161, or if we retest Vector resistance 1 again to see if there is potential for a push towards the Vector resistance 2 at 1.09298.

We will notify you of any progress as soon as possible when we see any key market updates.

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Thank you for your support.

BluetonaFX