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Forex Forum → Market Analysis → EURUSD Closes Higher But With Caution Of Pullback

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Topic: EURUSD Closes Higher But With Caution Of Pullback

EURUSD: With the pair taking back its previous week losses at the end of the week, more recovery could be seen. However, beware of correction pullback. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level. Further up, resistance lies at the 1.19500 level where a break will expose the 1.2000 level. Conversely, support lies at the 1.1800 level where a violation will aim at the 1.1750 level. A break of here will aim at the 1.1700 level. Below here will open the door for more weakness towards the 1.1650. All in all, EURUSD continues to face further bull threats.

http://www.fxtechstrategy.com/wp-content/uploads/2017/10/EURUSDWeekly-2.png

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Forex Forum → Market Analysis → EURUSD Closes Higher But With Caution Of Pullback

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