EUR/USD Threatens Further Upside Pressure With Eyes On 1.1380 Zone

Forex Trades • Mar 17, 2019 at 12:52 PM EDT

EUR/USD threatens further upside pressure with eyes on 1.1380 zone in the new week. Support comes in at the 1.1300 where a break will aim at the 1.1250 level.

EURUSD threatens further upside pressure with eyes on 1.1380 zone in the new week. Support comes in at the 1.1300 where a break will aim at the 1.1250 level. A break below here will target the 1.1200 level.

Further down, support lies at the 1.1150. On the upside, resistance resides at the 1.1350 level with a break through there opening the door for further upside towards the 1.1400 level. Further up, resistance comes in at the 1.1450 level where a violation will expose the 1.1500 level. Its daily RSI is bullish and pointing higher suggesting further strength.

All in all, EUR/USD continues to threaten further upside pressure.

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