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

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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