(31 July 2017)EUR / USD:Heading higher.

(31 July 2017)EUR / USD:Heading higher.

31 July 2017, 13:25
Jiming Huang
0
19

eur


Heading higher.

(Yann Quelenn )

• EUR/USD bullish pressures continue. Hourly 

resistance is given at 1.1777 (25/07/2017 high). 

Hourly support can be found at 1.1613 

(26/07/2017 high). Stronger support lies at 1.1292 

(28/06/2017 low). Expected to show continued 

bullish pressures. 

• In the longer term, the momentum is now 

turning largely positive. We favour a continued 

bullish bias. Key resistance is now holding at 

1.1871 (24/08/2015 high)t while strong support 

lies at 1.0341 (03/01/2017 low).

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