EURUSD Daily Analysis – May 17, 2017

EURUSD moved above 1.1021 resistance and reached as high as 1.1097. Further rise is still possible in a couple of days and next target would be at 1.1250 area. Near term support is at 1.1000, as long as this level holds, the upward movement from 1.0839 will continue.

EURUSD chart