The EURUSD remains in an uptrend mood (1.1240 trend line) with the closest target rate at 1.1298. A break above the 1.1298 level could possibly force the pair as high as 1.1374. In contrast, support is found at the 1.1215 and 1.1130 respectively. A break below the 1.1130 could possibly force the pair as low as 1.1000 (Psychological). The RSI (DAY) remains at the neutral territory. The CCI (DAY) closed at the overbought territory.

 

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Christos Nikolaou

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