Jun 25, 2019
EUR/USD Technical Analysis: Squeeze higher seen testing 1.1450 and probably beyond
- EUR/USD is now facing some headwinds just above the critical 1.1400 the figure.
- After leaving behind the 200-day/week SMAs in the mid-1.1300s, the pair now seems to be ready to extend the up move to March tops in the mid-1.1400s mark and beyond.
- This important hurdle is considered the last defence for a visit of 2019 highs in the 1.1550/70 band.
EUR/USD daily chart