Contributors Technical Analysis EURUSD Intraday Analysis

EURUSD Intraday Analysis

EURUSD (1.1340): The EURUSD currency pair managed to post a reversal following the declines earlier in the week. Price action has remained bullish for the past two daily sessions. With the Euro currency clearing the resistance area of 1.1315 – 1.1300, the EURUSD will now target the falling trend line. Clearing the trend line could potentially make way for the EURUSD to test the next main resistance area of 1.1435 – 1.1463 level.

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