EUR/USD: The pair may be biased to the upside but could face pullback risk in the new week. Resistance comes in at the 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level.
Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. Below here will open the door for more weakness towards the 1.1550. All in all, EUR/USD faces further corrective recovery threats.Â
