EURUSD Forecast, April 30

The EURUSD pair withdraws from prior highs just beneath 1.1200.

Following two successive daily progresses, spot has currently met some selling pressure subsequent to moving to the region of 1.12 the figure amid early trade.

The pair bobbed marginally to a high of 1.1195 however is still attempting to break near term resistance at 1.1192. Further offers and resistance is seen nearer to 1.1210 and that keeps on being the key line that buyers should break above so as to legitimize an extension higher from here.

Rose Alice

About: Rose Alice

Rose Alice has a long experience as a currency analyst with a deep knowledge of the relationship between macroeconomics and currencies fluctuation.