HomeContributorsTechnical AnalysisEURUSD 1.1437 Strong Resistance

EURUSD 1.1437 Strong Resistance

The euro has continued to show bullish price-action against the US dollar during the European trading session, with the pair pressing against the 1.1400 resistance level. The 1.1437 resistance level offers strong technical resistance if the 1.1400 level if eventually breached. Only a sustained break below the 1.1375 support level can negate the bullish intraday outlook surrounding the EURUSD pair.

The EURUSD pair is strongly bullish while trading above the 1.1375 level, key resistance is found at the 1.1400 and 1.1437 levels.

If the EURUSD pair trades below the 1.1375 level, key support is found at the 1.1360 and 1.1337 levels.

 

Octa
Octahttp://octaengine.com/c/?p=203&bt=gif&b=2369
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 40 million trading accounts.

Featured Analysis

Learn Forex Trading