EUR 0.00% 0.8987 euro

EURUSD: Halts Weakness, Eyes Recovery Higher

  1. 460 Posts.
    EURUSD: With the pair closing marginally higher on Tuesday, more strength is expected as long as it trades above the 1.0635 level. Resistance comes in at 1.0700 level with a cut through here opening the door for more upside towards the 1.0750 level. Further up, resistance lies at the 1.0800 level where a break will expose the 1.0850 level. Conversely, support lies at the 1.0600 level where a violation will aim at the 1.0550 level. A break of here will aim at the 1.0500 level. All in all, EURUSD faces more bear threats.
 
watchlist Created with Sketch. Add EUR (FOREX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.