Forex Trader

But, the pair has aproached to the stronger support levels now, 1.1070/90 is the first one, stronger at 1.1000/50, the previous strong resistance from March/April. On the way up, 1.1110/20 could be minor resistance, 1.1180/90 stronger one. Let’s see how will buyers react here, this could be consolidation range between 1.1000/1.1300 for a while if this support hold the pair on the way down. US dollar is strong in the last couple of days, returning the most of the lost teritory in the market.