EURUSD: Retains Upside Threats Despite Pullback Risk

EURUSD: With the pair continuing to retain its upside pressure, more strength is envisaged though hesitating the past week. Resistance comes in at 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1.1350 level where a break will expose the 1.1400 level. Conversely, support lies at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will aim at the 1.1050 level. All in all, EURUSD faces further recovery threats in the new week.

Strategy: Buy at 1.1192, Stop loss at 1.1123, Stop loss at 1.1292 & 1.1335