EURUSD Looks To Weaken Further Short Term

EURUSD faces risk of further pullback threats in the days ahead. Resistance comes in at the 1.1300 where a break will turn risk towards the 1.1350 level. A breach of here will target the 1.1400 level. Further up, resistance stands at the 1.1450. Conversely, on the downside, support comes in at 1.1200 level with a violation opening the door for further gain towards the 1.1150 level.

Further down, resistance lies at the 1.1100 level. A cut through that level will clear the way for a move towards the 1.1050 level. All in all, EURUSD looks for more bear threats on pullback.

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