EUR 0.00% 0.8987 euro

EURUSD: Bullish, Threatens Further Upside Pressure

  1. 460 Posts.
    EURUSD: With the pair rallying back above its key resistance, further bullishness is likely. On the upside, resistance comes in at 1.0850 level with a cut through here opening the door for more upside towards the 1.0900 level. Further up, resistance lies at the 1.0950 level where a break will expose the 1.1000 level. Its daily RSI is bullish and pointing higher suggesting further upside pressure. Conversely, support lies at the 1.0750 level where a violation will aim at the 1.0700 level. A break of here will aim at the 1.0650 level. All in all, EURUSD faces pullback threats.
 
watchlist Created with Sketch. Add EUR (FOREX) to my watchlist
EUR (FOREX) Chart ?
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.