EUR/USD Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
EUR/USD has moved to the upside, reaching the 1.18110 resistance level. A slow retracement to the 1.16870 support zone is currently occurring. If this support level breaks, a move toward the 1.19000 resistance level could follow. However, if the support does not hold in the near term, further downside momentum could drive the pair toward the 1.14520 support level.



However, if the support does not hold in the near term, further downside momentum could drive the pair toward the 1.14520 support level.
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