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EURUSD Targets Further Upside Pressure On Price Extension

Long
Euro / U.S. Dollar (FX:EURUSD)  
FXTechstrategy  
FX:EURUSD   Euro / U.S. Dollar
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EURUSD targets further upside pressure on price extension as it retains its upside pressure. Support comes in at the 1.1450 where a violation will aim at the 1.1400 level. A break below here will target the 1.1350 level. Further down, support lies at the 1.1300. Its daily RSI is bullish and pointing higher suggesting further strength. On the upside, resistance resides at 1.1550 level with a break through there opening the door for further upside towards the 1.1600 level. Further up, resistance comes in at the 1.1650 level where a violation will expose the 1.1700 level. All in all, EURUSD continues to threaten further upside pressure.
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