As we mentioned last week indeed this week the EURO was in the center of attention getting strength throughout the board against all currencies.
Closing at its highest level against the US Dollar since August 2015.
In case of continuation to the movement up, key resistance levels are:
1.1700 – 1.1800 – 1.2000
In case of a pullback and a movement down, next key support levels are:
1.1630 – 1.1550 - 1.1400