EURUSD Sees Strong Rally With Eyes On 1.1549 Zone

My FX Forum

Staff member
EURUSD sees strong rally with eyes on the 1.1549 zone. This is a build up on its recent bullish recovery. Support lies at the 1.1450 level. A violation will aim at the 1.1400 level. A turn below here will target the 1.1350 level. Further down, support lies at the 1.1300. On the upside, resistance resides at 1.1550 level with a break through there opening the door for further upside towards the 1.1600 level. Further up, resistance comes in at the 1.1650 level where a violation will expose the 1.1700 level. All in all, EURUSD continues to face further upside pressure.