EURUSD retested the resistance level of 1.11315
General Outlook
EURUSD has been trading in a sideways market within the last day.
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Support levels are now located at 1.09540 and 1.07800.
Now, the resistance level is located at 1.11315.If the pair rebounds from the resistance level, analysts recommend opening a Sell order with a take profit at the nearest support level. In case the breakout is confirmed, analysts suggest opening a Buy order. The upcoming news will not influence your orders within the mentioned period. Some traders may close their positions on Friday, which can add more pressure to the market.
