Euro / U.S. Dollar

EURUSD: Largely restricted within 1.1850 -1.1600 range

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The potential path for EURSUD in near-term remains sideways. The daily volatility tends to increase evidently, and the daily indicators are bullish, this factor underlines further upside potential. The price action sounds finally ready to re-test the resistance 1.1850 in the coming days.

The supports are at 1.1600 and 1.1500 with resistance seems to be at 1.1700 and 1.1750. A well above 1.1700 could rally further to 1.1750 and 1.1800.

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