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EURUSD Halts Weakness With Upside Pressure Envisaged

EURUSD with a halt in price occurring on Friday, more strength is expected in the new week. Support comes in at the 1.0950 where a break will turn risk to the 1.0900 level. A breach below here will target the 1.0850 level. Further down, support stands at the 1.0800. Conversely, on the upside, resistance comes in at 1.1000 level with a violation of there opening the door for further gain towards the 1.1050 level. Further up, resistance lies at the 1.1100 level. A cut through that level will clear the way for a move towards the 1.1150 level. All in all, EURUSD expects more gain in the days ahead.

EURUSD with a halt in price occurring on Friday, more strength is expected in the new week Click To Tweet

EURUSD Halts Weakness With Upside Pressure Envisaged.

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