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Approaching 1.2000

EURUSD TECHS
  • EURUSD is holding onto recent gains and still edging higher today.
  • The price is within touching distance of the 1.2000 handle and more importantly 1.2011, this year's high print on Sep 1.
  • Resistance levels to watch:
    • RES 1: 1.2011 High Sep 1 and major resistance
    • RES 2: 1.2051 3% Upper Bollinger Band
    • RES 3 : 1.2084 High May 1, 2018

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