Euro trades near the support 1.1800 area. If it breaks below 1.18 the next downside levels to watch 1.1770 and 1.1740. On the upper side, the first immediate resistance can be found at 1.1850 then 1.1890.
EURUSD surged to a fresh weekly high of 1.1860. If the price won't break above 1.1890 we may see a pullback to 1.1820 then 1.1760. On the other side break above 1.1890, the next level to watch 1.1915/1940.
EURUSD climbed to 1.19 on Tuesday supported by better-than-expected German economic data. The ZEW economic sentiment rose to 77.4 in Sept vs. 69.8 expected.
Technical levels to watch today:
1.1860 & 1.1830
1.1917 & 1.1940
EUR/USD started the week on positive note supported by a weaker US dollar. At the time of writing the pair trading above 1.1710.
The currency pair approaches overbought zone ahead of German IFO business climate- 08.00 GMT.
Levels to watch today:
Resistance: 1.1730 and 1.1750
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