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EURUSD






5/11/2017 1:03:09 AM

EURUSD - Technical Analysis: Thursday, 11/05/2017 05:03 GMT



The EURUSD pair provides recovery attempts after approaching from 1.0830 level, to keep the bullish trend valid for the coming period, supported by RSI that shows positive signals now, waiting to head towards 1.1050 as a next target.

Overall, the continuation of the expected rise requires the stability above 1.0830, noting that breaking it might push the price to visit the bullish channel's support around 1.0650 before turning back to rise.


Target
Risk


Support
Resistance


Trend Bullish

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