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EUR/USD Bull Pressure At Major Resistance For Long Term

Published 03/20/2019, 11:35 AM
Updated 02/24/2024, 12:36 AM

EUR/USD bull pressure continues to be toward the 1.1429 region. This is arriving at the rear of its recent gain.

Assist lies at 1.1330 where a break will turn attention to this 1.1250 level. A break below will aim at the 1.1250 level. Further down, support lies at 1.1160. To the upside, resistance resides at 1.1410 having a break via there opening the doorway for more upside in the direction of the 1.14060 level. Further up, strength comes in at the 1.1510 level where a violation will exhibit the 1.1560 degree.

Its day-to-day RSI is pointing and lengthening higher, indicating further energy. All in all, EUR/USD continues to threaten additional upside pressure.

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