Home EURUSD: Pressure Builds On The 1.3415 Level

EURUSD: Pressure Builds On The 1.3415 Level

EURUSD: With a strong rally pushing the pair higher for a third consecutive week, further strength is expected in the new week.

This development has left the pair targeting further upside towards the 1.3415 level with a break resuming its broader upside and turning attention to the 1.3450 level. A cut through here will aim at the 1.3300 level.

Its weekly RSI has turned higher supporting this view.EURUSD

Conversely, support lies at the 1.3136 level with a turn below here shifting focus to the 1.3050 level and then the 1.3000 level. All in all, EUR remains biased to the upside.

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