The EUR/USD is trading near the highs of February
Yesterday 4TH the EUR/USD traded higher and closed the day in the positive territory around $1.0955. Today 5TH it was trading in a narrow range of $1.0955-70, staying close to the February highs. On the hourly chart EUR/USD is still trading above the moving average line MA (200) H1 ($1.0850). The situation is similar on the four-hour chart.
- Resistance levels are at: $1.0970, $1.1000, $1.1025
- Support levels are at: $1.0880-85, $1.0860, $1.0830
