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NewsThe EUR/USD is trading near 5 day high

The EUR/USD is trading near 5 day high

Yesterday the EUR/USD traded higher and closed the day in the positive territory near the price of $1.1225. Today it has also slightly increased, having risen to the level of $1.1240. On the hourly chart, EUR/USD is still trading above the moving average line MA (200) H1 ($1.0975). The situation is similar on the four-hour chart..

  • Resistances levels are at: $1.1240, $1.1275, $1.1360-65
  • Support levels are at: $1.1185, $1.1130, $1.1090

Probably, the main scenario is continued growth to $1.1240

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