EUR/USD at the 1.3800 level.

EUR/USD almost reached 1.1800 and it's still very bullish for now. A breakout above 1.1800 will probably lead to a rally to 1.1870.
 
The EURUSD is oscillating around the 1.1800 level with the 1.1900 level as a resistance and the 1.1700 level as a support.
 
On yesterday session, the EURUSD initially fell but found yet again enough support near the 1.1753 to trim all of its losses plus closed in the green, near the high of the day, however the currency pair managed to close within Tuesday’s range, which suggests being slightly on the bullish side of neutral.

The currency pair is trading below the 10 and the 50-day moving averages that should provide dynamic resistance however is trading above 200-day moving average that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.2041, the 50-day moving average at 1.1864 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1801 (resistance), a daily support at 1.1753 and a key level at 1.1684 (support).
 
The single currency recorded an increase against the US dollar on Wednesday. Session started at 1.1765 and the price bounced back from support at 1.1735. After all, the euro ended at 1.1786 and if the price continued to rise the pair would head to the first resistance at 1.1910. Otherwise, in the downside, we may expect a breakthrough in support at 1.1735.
 
It did break out above 1.1800 and the pair is still quite bullish, a breakout above the last high at 1.1880 will likely lead to a further move up to 1.2000.
 
EUR/USD is up today, but stalled at the 200-day SMA. Indicators are retreating from the overbought territories. Nevertheless I’m positive on the pair. 1.1820-1.1830 is critical, but I believle bulls will fight it.
 
On yesterday session, the EURUSD initially fell but found enough support near 1.1766 Wednesday open to reverse and closed near the high of the day, in addition the currency pair managed to close above Wednesday’s high, which suggests a strong bullish momentum.

The currency pair is trading below the 50-day moving average that should provide dynamic resistance however is trading above 10 and 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.2041, the 50-day moving average at 1.1865 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1813 (support), a daily support at 1.1753 and a key level at 1.1684 (support).
 
EUR/USD experienced an uneventful week and is ending flat. But the next week will bring much excitement over this pair.
 
The pair start the week with a bearish gap, found immediate support level around 1.1750. Focus turn to the ECB this week.
 
On the last Friday’s session the EURUSD fell with a wide range and closed near the low of the day, however the currency pair managed to close within Thursday’s range, which suggests being slightly on the bearish side of neutral.

The currency pair is trading below the 10 and the 50-day moving averages that should provide dynamic resistance however is trading above 200-day moving averages that should provide dynamic support.

The key levels to watch are: a daily resistance at 1.2041, the 50-day moving average at 1.1861 (resistance), a daily resistance at 1.1829, the 10-day moving average at 1.1796 (resistance), a daily support at 1.1753 and a key level at 1.1684 (support).
 
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