The EUR/USD pair shows signs of intraday weakness as it tests key resistance near the 1.1710 level.
Intraday levels show some weakness over the indicators that could lead to a correction before rebounding.
As we see from the chart, the market is facing resistance around 1.1710 and if prices remain below it, a chance for a correction towards 1.1570 is likely.
Above 1.1710 more advance is expected with resistance at 1.1790 and 1.1850.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.1665 | 1.1710 |
LEVEL2 | 1.1570 | 1.1790 |
LEVEL3 | 1.1470 | 1.1850 |
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