The EUR/USD continued yesterday’s growth
Yesterday the EUR/USD traded higher and closed the day in the positive territory near the price of $1.0910. Today it also rose, rising to the level of $1.0935. On the hourly chart, EUR/USD is still testing the strength of the support – the moving average line MA (200) H1 ($1.0920). On the four-hour chart, the pair is still above the MA 200 H4 line. Based on the foregoing, it is probably worth sticking to the north direction in trading, and as long as the EUR/USD remains above MA 200 H1, it may be necessary to look for entry points to buy for the formation of a correction.
- Resistances levels are at: $1.0960, $1.0985, $1.1010
- Support levels are at: $1.0885, $1.0845, $1.0800-15