The EURUSD pair looks to recover further following its past week’s strength. On the upside, resistance comes in at 1.1650 level with a cut through here opening the door for more upside towards the 1.1700 level.
Further up, resistance lies at the 1.1750 level where a break will expose the 1.1800 level. Conversely, support lies at the 1.1600 level where a violation will aim at the 1.1550 level. A break of here will aim at the 1.1500 level. Below here will open the door for more weakness towards the 1.1450.
All in all, EURUSD faces further upside pressure
Leave A Comment