17, July 2017


The EUR/USD pair remained in an uptrend on Friday. The euro is under pressure and is testing the upward trend line at 1.1400. The resistance resides at 1.1450, the support comes in at 1.1400.

A clear break below 1.1400 would indicate that a bearish phase has resumed. Sellers would drive the major to 1.1300 in this case.