EzraCapital

EURUSD 1.1450 Monthy RES region (Make Or Break)

FX:EURUSD   Euro / U.S. Dollar
35
EURUSD - Three bullish monthly closures are now pressuring monthly range RES: 1.1450. I personally see EURUSD breaking above and beyond, favouring higher prices - 1.1610 being the immediate daily resistance.

If monthly RES holds over the next week then a pullback can occur, leading the price back towards 1.2880 Daily SUPP - An ideal area for Long opportunities.

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