EURUSD Analysis

We are closely watching the main resistance level of 1.1165 in the EURUSD pair. In order for the upward movement to gain more power, it needs to break out and stay above 1.1165 on a daily basis. Should this occur, we will see 1.1237 as the next resistance level. Otherwise, we will follow the support level at 1.1114.

Support : 1.1114 - 1.1052 - 1.0007 

Resistance : 1.1165 - 1.1237 - 1.1307