VanguardFXTradeDesk

EURUSD on cross roads: Resilience @ 1.1075 may push pair higher

FX:EURUSD   Euro / U.S. Dollar
We were looking to sell the EURUSD if pair close below the 1.1075 as we wirte earlier. But in last couple of days market is paying respect to 1.1075 support.
Pair may bounce up from here. If 1.1075 support remain intact a short term bullish bias is in cards. Inversely, close below 1.1075 will open door for SHORT position once again.

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