A further weakening of the US currency brought EURUSD pair up from yesterday's consolidation levels. The current upward trend in the EURUSD market persists and is gaining momentum.
Current situation
Growth is restrained by a significant resistance level of EUR 1.1320. Support zone is located in the Eur 1.1207-Eur 1.1230.
Trading recommendations
We do not exclude the possible rollback from EUR 1.1320. Long positions are suitable on passing and confident settlement above this level, Fort Financial Services experts said (rated among the TOP Forex Brokers Masterforex-V World Academy http://www.masterforex-v.com/).