Technically speaking, the EUR/USD pair holds a strong bullish tone in 4-hour charts, although the RSI is entering into overbought territory. A daily close above the mentioned trend-line, currently around 1.1800, could support further gains, with next resistance at 1.1851, which is June 2018 monthly high. Above, another long-term resistance is seen at the 100-month SMA at the 1.1880 region. On the flip side, corrections should find immediate support at 1.1755, 20-period SMA in 4-hour chart, and then daily lows at the 1.1730 zone.
Support levels: 1.1755 1.1730 1.1690
Resistance levels: 1.1850 1.1880 1.1900
Reprinted from fxstreet.com, the copyright all reserved by the original author.
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