EURUSD 4 HOUR CHART – 1.1050 Sets the tone
On this chart 1.1030 is a key support, 1.1095 a key resistance.
Here is the EURUSD update in our Weekly FX Chart Outlook
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Assuming the high is in at 1,12, what is the risk on the downside?
Start out by using 1.10-1.12 as a range to the post summer market with 1.11 as the neutral mid-point and the ultimate bias setter for this currency.
Currently, 1.1050 will set the tone if trading between 1.10-1.11 but expect a limited upside unless 1.11+ is renewed