Open trading account 
EUR/USD Technical AnalysisEuro/dollar began the week on the back foot, sliding towards the 1.13 level (mentioned last week). The pair then recovered.Technical lines from top to bottom:1.1620 was a swing high in May 2016. It is followed by the very round number of 1.15.1.1445 is the June 2017 peak and immediate resistance. 1.1390 is the post breakout low and works as support.1.13 is the top line seen in November before the collapse. 1.1230 capped the pair in June.1.1160 was a low point in May, where the pair retreated to after hitting new highs. The round number of 1.11 was a siwng low in late May.1.1025 was the initial top after the pair breached 1.10 and now works as support. 1.0950 is close by, and the most recent 2017 high.The swing high of 1.0870 is the swing high in December and remains fierce resistance. 1.0820 was the post-French elections low.I remain bullish EUR/USDOnce again, the euro took a break from its advance due to pressure from the ECB. Yet reality remains more favorable for the euro in comparison to the dollar: stronger growth, a more favorable political environment and also on the moentary front, some doubt the next hike from the Fed while the tapering ship is about to sail in the euro-zone.
