EURUSD Daily Forecast Aug 03 2017

EURUSD, Bullish Eyes Further Upside!

Forex-big 65985

EURUSD, Bullish Eyes Further Upside!

Outlook in EURUSD remains on the upside as long as 1.1785 support holds on a daily closing basis, resistance comes at the 1.1935/1.1975 levels, a halt is likely and we might see hesitation here but a break would open 1.2058 next, further upside, resistance stands at the 1.2158/1.2212 levels…

On the downside, support comes at the 1.1845 levels ahead of the 1.1785 levels (main), below that levels sees a corrective pullback risk towards the 1.1670 levels before the next rising…

Conclusion: The EURUSD continues to face upside risks above the 1.1785 levels…

blank

MARKET DATA

UPCOMING ECONOMIC EVENTS