FxWirePro: EUR/USD maintains bullish bias with focus on 1.1450 levels
The EUR/USD pair declined up to 1.1371 in the early European session but the bears quickly faded as the pair inched back towards 1.1403 levels, reflecting a strong buying sentiment towards the common currency. The dollar…
The EUR/USD pair declined up to 1.1371 in the early European session but the bears quickly faded as the pair inched back towards 1.1403 levels, reflecting a strong buying sentiment towards the common currency.
The dollar gave back some ground last week as US central bankers remained cautious as risk remained from global economic growth and more cautious approach was undertaken.
To the upside, the strong resistance can be seen at 1.1426, a break above will take the pair towards next resistance level at 1.1452.
To the downside immediate support can be seen at 1.1387 levels, a break below will open the door towards next level at 1.1354.
