POTENTIAL STRENGTHENING EURUSD IF TURNED 1.1305
EURUSD posted a three-day gain on Tuesday to reach a daily high of around 1.1305. The ability to break above this level will open the chance for further strengthening of the EURUSD to around 1.1330.
While if it is held below 1.1305, EURUSD has a chance to decline to the 1.1265 area. The next support if 1.1265 is broken is around 1.1240.
Resistance: 1.1305, 1.1330, 1.1360
Support: 1.1265, 1.1240, 1.1220