EUR/USD – Daily Forecast
Technically, the EUR/USD is trading right above the resistance become support level of around 1.1074. The RSI is holding in the overbought zone, suggesting the odds of bearish reversal. But the Doji candle above 1.1060 is supporting the direct currency Euro. Above 1.1070 level, the EUR/USD can drive the bullish trend in EUR/USD until 1.1125 and 1.1150 area.
Technically, the EUR/USD is trading right above the resistance become support level of around 1.1074. The RSI is holding in the overbought zone, suggesting the odds of bearish reversal. But the Doji candle above 1.1060 is supporting the direct currency Euro. Above 1.1070 level, the EUR/USD can drive the bullish trend in EUR/USD until 1.1125 and 1.1150 area.