FXStreet (Barcelona) – The Growth Aces Research Team maintains a bullish stance on EUR/USD, remaining long on the pair and targeting 1.1140 levels.
Key Quotes
“The EUR/USD reached today’s high at 1.1040 after Eurozone inflation numbers. We stay long for 1.1140. The next important resistance level is 1.1062 (low May 20). A close above this level will open the way to our target.”
“Resistance: 1.1062 (low May 20), 1.1067 (38.2% fibo 1.1468-1.0819), 1.1084 (100-dma)”
“Support: 1.0915 (session low Jun 2), 1.0887 (low Jun 1), 1.0867 (low May 28)”
(Market News Provided by FXstreet)