EUR/USD sees further upside potential above 1.1270 – FXStreet

FXStreet (Barcelona) - Valeria Bednarik, Chief Analyst at FXStreet, sees upside potential for EUR/USD towards 1.1330, if the pair breaks above 1.1270.

Key Quotes

“The pair may consolidate now below the 1.1270 level, the immediate short term resistance, although renewed buying interest beyond it should lead to additional advances towards the 1.1330 region, whilst above this last 1.1380 comes next.”

“The immediate support stands at 1.1215, with a break below probably signaling a retracement towards 1.1180, the next intraday support.”