EURUSD Trading strategies: Short in the 1.1800 area, stop above 1.1820, objectives at 1.1760 and below, at 1.1700.
The resistance at 1.18 held so far, and the pair keeps staying into the narrow range of 1.1750-1.1800 since yesterday. While the hourly momentum remains bearish we can expect to see a new test at 1.1750. Support is seen at 1.1760 followed by 1.1735. Resistance starts at 1.18 and it is followed by 1.1860 and 1.19. The 2 key levels, 1.18 and 1.175 should stay on focus, as a break will probably decide the upcoming days market direction. Current exchange rate is 1.1779
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