Comment: The bearish momentum subsided during Friday’s trading session with EURUSD closing near the daily pivot of 1.0855. For future trading references, if a bullish trend emerges then the resistance of 1.0907 could be broken and push the price up to 1.0939. However, if the downward trend returns then the support of 1.0826 may falter, which could pull the price lower to 1.0779.
Pivot point: 1.0859
Resistance level 1: 1.0907 Resistance level 2: 1.0939 Resistance level 3: 1.0987
Support level 1: 1.0826 Support level 2: 1.0779 Support level 3: 1.0747