EUR/USD Targeting Further Bull Pressure, Eyes 1.1960 Zone


The EUR/USD pair faces further upside as it looks for more strength. Resistance comes in at 1.1950 level with a cut through here opening the door for more upside towards the 1.2000 level. Further up, resistance lies at the 1.2050 level where a break will expose the 1.2100 level.

Conversely, support lies at the 1.1850 level where a violation will aim at the 1.1800 level. A break here will aim at the 1.1750 level. Below here will open the door for more weakness towards the 1.1700. All in all, EUR/USD faces further downside threats.

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *