EURUSD
The EURUSD pair is currently trading above the 1.1111 key support level. As long as the price sustains above that level on fourly-hour basis, we think the Euro may gain more value against the greeback and we will face again resistance levels at 1.1160 and 1.1220 . On the other hand, if the pair falls below 1.1111, the next support level will be at 1.1050.
Support: 1.1111-1.1050-1.0980
Resistance: 1.1160-1.1220-1.1295
19 May 17 (Fri)
11:20 am
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