- The pair keeps the rally well and sound this week and is now trading at shouting distance from the key barrier at 1.1800 the figure, always against the backdrop of a broad-based USD-selling.
- EUR/USD left behind the 1.1745/50 band and is now flirting with the key 1.1790 region. A surpass of this area should bring 1.1853 back to the radar.
- Further north, the critical 200-day SMA aligns at 1.1947.
- Supporting the upside momentum, spot moves above the daily cloud for the first time since April.
Daily high: 1.1801
Daily low: 1.1772
Support Levels
S1: 1.1703
S2: 1.1628
S3: 1.1587
Resistance Levels
R1: 1.1819
R2: 1.1860
R3: 1.1935
Share
