EUR/USD: below 1.12 targets 1.1160/70 – FXMarketAlerts

FXStreet (Barcelona) - The FXMarketAlerts Team gives the technical outlook and key levels for EUR/USD, with the pair currently trading in the middle of its range.

Key Quotes

“Earlier strength was held at the 1.1265 res. and prices dropped back to the sup. around 1.12. If this fails, lower sup. is at 1.1160/70. Res. still comes at Tues highs at 1.1265/77 closely followed by 1.1288.”

“R3: 1.1310/15 intraday level

R2: 1.1288 * Fri high

R1: 1.1265/77 Tues highs

S1: 1.1195/05 intraday level

S2: 1.1160/70 intraday level

S3: 1.1130 Mon low”