EURUSD (1.1923):The EURUSD closed on Friday at 1.1923 after briefly pushing fresh highs of 1.1941. The EURUSD gapped higher on the open today before price started to push lower. The short term technicals point to a possible near-term pullback in prices. After breaching the previous resistance level at 1.1882, EURUSD could be seen falling back to this level to establish support. This scenario could potentially pave the way for further gains as the EURUSD eyes the 1.20 round number level. Below 1.1882 support, the next short-term support is at 1.1824 which is more likely to be tested.
