eur-forex

EUR/USD bounced from the crucial support area 1.1750 after positive comments from the ECB policymakers. At the time of writing, the pair trading above 1.1815. If the bullish momentum continues the next upside levels to watch 1.1850 and 1.1880.

EUR/USD slips back to below 1.1300. During the previous session, the bulls have been unable to break above 1.1350. The short term support forming near 1.1240 below that 1.1180/90. On the upper side break above 1.1350 can lead the pair towards June high of 1.1420.

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