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    EUR/USD: Major Levels 1.0945 and 1.0958

    European Session
    The EUR/USD pair has been trending upwards since the 2nd of March 2016, with the bulls leading the price from as low as 1.0825 to as high as 1.0972.

    In the event that the buyers keep exerting strong pressures and the price breaks above 1.1018, profit targets could be set at 1.1018 up to 1.1063 in extension.

    On the other side, in the scenario where sellers manage to gain ground and succeed to force the price below the level of 1.0915, the price could drop down to 1.0882 and 1.0860 respectively.  

    Please note: The content in this daily technical analysis article should not be taken as investment advice. It comprises our personal view.

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