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EURUSD: Retains Its Broader Upside Pressure

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 8, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    EURUSD: Though EURUSD continues to hesitate, it retains its broader uptrend. Support lies at the 1.1350 level where a violation will aim at the 1.1300 level. A break of here will aim at the 1.1250 level. Conversely, on the upside, resistance comes in at 1.1450 level with a cut through here opening the door for more upside towards the 1.1500 level. Further up, resistance lies at the 1.1550 level where a break will expose the 1.1600 level. Its daily RSI is bullish and pointing higher suggesting

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