EURUSD
Nearly two weeks ago, the exchange rate broke through the 1.1475 level, opening up a new buying opportunity. Since the price had been ranging within a narrow band below 1.1475 for some time, this level could serve as strong support; as long as the exchange rate remains above this level, it’s worth looking for entry points on the long side. The short-term target price could be around the 1.1719 level.
Resistance levels: 1.1719; 1.1841; 1.1962; 1.2085.
Support levels: 1,1475; 1,1352; 1.1230.
