Outlook in EURUSD remains on the upside as long as 1.1178 support holds on a daily closing basis, resistance comes at the 1.1288 levels, a break would open 1.1391 levels, a halt is likely (Double Top is suggested) but a clear break will pave the way towards the 1.1533 levels…

On the downside, support comes at the 1.1178 levels, sustained breakout – daily closing – below this level will open 1.1122/1.1065 levels before the next rise…….

In all, as long as 1.1178 support holds on a daily closing basis , outlook in EURUSD remains on the upside towards the 1.1288 levels ahead of the 1.1391 levels, below 1.1178 sees a corrective pullback towards the 1.1122/1.1065 levels before the next rise…



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