EURUSD ranging toward the resistance 1.1300 until a break below 1.1110 the bias is bullish.

EURUSD is ranging toward a support zone around 1.1300 from some days. The bias is still bullish but it looks weaker. The next resistance at 1.1427. There is a short term support at 1.1110. The bullish movement can be compromised if the price beak the support at 1.1110 and this time the price can initiate a bearish movement targeting 1.1000 followed by 1.0905. But the bullish movement can be more significant if the price break high at 1.1427 that time price will break the weekly range upside which can leads a long term bullish movement.

EURUSD

 

Interested in EURUSD technicals? Check out the key levels

    1. R3 1.1226
    2. R2 1.1218
    3. R1 1.1211
  1. PP 1.1203
    1. S1 1.1197
    2. S2 1.1189
    3. S3 1.1182

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