EUR/USD: With the pair retaining its upside pressure the past week, more strength is likely in the new week. Resistance comes in at the 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level.
Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Its weekly RSI is bullish and pointing higher suggesting more strength. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. All in all, EUR/USD faces further corrective downside pressure.
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