EUR/USD: With the pair still retaining its downside pressure, more weakness is likely. Resistance comes in at 1.0950 level with a cut through here opening the door for more upside towards the 1.0000 level.
Further up, resistance lies at the 1.1050 level where a break will expose the 1.1100 level. Its weekly RSI is bullish and pointing higher suggesting further strength. Conversely, support lies at the 1.0850 level where a violation will aim at the 1.0800 level. A break of here will aim at the 1.0750 level. All in all, EUR/USD faces further bear threats but with caution.
