EURUSD BUYERS HAVE THE UPPER HAND ABOVE 1.1345
The EURUSD pair continues to press against the 1.1400 resistance level on Friday, as the US dollar index fades away from a thirteen-month trading high. Further upside is still expected in the EURUSD will price continues to trade above the 1.1345 support level. Traders will now take their direction from the eurozone consumer price index, with market expectations tilted to the downside.
The EURUSD pair is only intraday bullish while trading above the 1.1345 level, key resistance is found at the 1.1430 and 1.1480 levels.
If the EURUSD pair moves below the 1.1345 level key support is found at the 1.1300 and 1.1230 levels.