Heading higher.
(Yann Quelenn )
• EUR/USD bullish pressures continue. Hourly
resistance is given at 1.1777 (25/07/2017 high).
Hourly support can be found at 1.1613
(26/07/2017 high). Stronger support lies at 1.1292
(28/06/2017 low). Expected to show continued
bullish pressures.
• In the longer term, the momentum is now
turning largely positive. We favour a continued
bullish bias. Key resistance is now holding at
1.1871 (24/08/2015 high)t while strong support
lies at 1.0341 (03/01/2017 low).