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EURUSD Recovery Threats Remain With Eyes On 1.1489 Zone

Long
Euro / U.S. Dollar (FX:EURUSD)  
FXTechstrategy  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns Forex forexsignals forextrading forex_signals forexanalysis forexpositive trade
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EURUSD recovery threats remain with eyes on 1.1489 zone as the pair rallied strongly on Friday to close higher. Support comes in at the 1.1350 where a violation will aim at the 1.1300 level. A break below here will target the 1.1250 level. Further down, support lies at the 1.1200. On the upside, resistance resides at 1.1450 level with a break through there opening the door for further upside towards the 1.1500 level. Further up, resistance comes in at the 1.1550 level where a violation will expose the 1.1600 level. All in all, EURUSD continues to threaten further upside pressure.
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