Search ForexCrunch
  • EUR/USD keeps the buying interest well and sound at the end of the week, trading in the 1.0970/80 band and always tracking the persistent weakness in the US Dollar.
  • A break above this area of resistance should expose the key handle at 1.10 ahead of the short-term resistance line, today at 1.1029.
  • The continuation of the upside impetus carries the potential to test the 55-day SMA near 1.1070 in the near term.

EUR/USD daily chart