Contributors Technical Analysis EURUSD: Sees Price Hesitation With Downside Bias

EURUSD: Sees Price Hesitation With Downside Bias

EURUSD: With the pair continuing to hesitate, a move lower on correction is envisaged. Resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1.1350 level where a break will expose the 1.1400 level. Conversely, support lies at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will aim at the 1.1050 level. All in all, EURUSD faces further pullback threats in the days ahead.

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