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EURUSD Intraday Analysis

EURUSD (1.1752): The EURUSD currency pair managed to hold the ground staying around the 1.1745 handle. With the support area of 1.1745 – 1.1718 holding, price action could be seen pushing gradually higher. The 4-hour Stochastics oscillator is also likely to signal a move to the upside. The common currency will need to break out above the previous highs of 1.1795 to post further gains. The next main target is seen at 1.1960 – 1.1920 level of resistance.

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