The EUR/USD remains in an uptrend mood (1.1132 trend line) with the closest target at the 1.1322. If the price breaks the 1.1322 level, the next target will likely be at the 1.1375. In contrast, support is found at the 1.1176 and 1.1132 respectively. A break below the 1.1132 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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