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EURUSD Intraday Analysis

EURUSD (1.1928): EURUSD gapped lower on the open this morning, but theprice is currently looking to fill the gap from Friday’s close. The resistance level at 1.1954 is currently the main level of interest. A breakout above this level could see further upside in price. On the 4-hour time frame, however, EURUSD is seen maintaining the ranging price action within 1.2085 and 1.1882 levels of resistance and support. This range is likely to persist until further breakout from this range will determine the future trend in prices.

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