FXTechstrategy

EURUSD Eyes Recovery Threats Towards 1.1496 Zone

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
EURUSD eyes recovery threats towards 1.1496 zone. 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 comes at 1.1400 level with a break through there opening the door for further upside towards the 1.1450 level. Further up, resistance comes in at the 1.1500 level where a violation will expose the 1.1550 level. All in all, EURUSD continues to threaten further upside pressure.

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