EUR/USD pair advanced during early US session up to 1.1341, however it declined after sellers stepped in, as appetite riskier assets improved with the rise in oil prices. Further upside in this pair should be limited as …
EUR/USD pair advanced during early US session up to 1.1341, however it declined after sellers stepped in, as appetite riskier assets improved with the rise in oil prices.
Further upside in this pair should be limited as the resistance level at 1.1379 levels should limit upside and bring a decline towards lower levels.
To the upside, the strong resistance can be seen at 1.1360, a break above this level would take the pair towards next resistance level at 1.1331.
To the downside immediate support can be seen at 1.1300 levels, a break below this level will open the door towards next level at 1.1270.
