EURUSD: Remains Vulnerable To The Downside With Caution

EURUSD remains vulnerable to the downside with risk of a move lower likely. However, its higher close on Friday on a rejection candle, we could see it push higher on a recovery. On the downside, support is located at the 1.1100 level and if violated, expect more weakness to happen towards the 1.1050 level. Further down, support lies at the 1.1000 level where a violation will aim at the 1.0950 level. A break of here will aim at the 1.0900 level. On the upside, resistance is comes at 1.1150
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