EUR/USD Technical Analysis: Increasing odds for a test of 1.1790
|- The pair remains bid so far this week and should keep intact its chances of a test of, initially, the 1.1745/50 band of 1.1790.
- A surpass of this area should pave the way for a continuation of the up move to June’s peak at 1.1853.
- The constructive bias in EUR/USD is expected to remain in place as long as 1.1508 underpins.
Daily high: 1.1706
Daily low: 1.1653
Support Levels
S1: 1.1565
S2: 1.1609
S3: 1.1638
Resistance Levels
R1: 1.1710
R2: 1.1754
R3: 1.1783
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