KN_FXtrader

EUR/USD Technical Analysis

FX:EURUSD   Euro / U.S. Dollar
The price is keep moving according to the uptrnd trendline . However, it fails to make new higher highs due to the resistance at the level of 1.13804. This is clearly a bearish area, due to the fact that bulls have many unsuccessfull tries to break it.From the side of the buyers, we can see that the strongest support is the area of 1.1064/1.1045 These are the main technical points. Moreover we should pay close attention to the Greek agreement, if it happens. It is the main factor of influence these days.
Due to the Greek concerns the situarion is very uncertain. I think we should wait the final outcome
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Buy - sell ?
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