EURUSD Inches Closer To The 1.1400 Handle

The euro currency managed to maintain its bullish momentum.

Prices are now up for nine consecutive daily sessions as EURUSD approaches the 1.1400 handle.

Lack of any pullback, however, is likely going to see a correction in the price at some point.

For the moment, with the bullish momentum intact, further gains are likely to follow through.

In the near term, any dips will most likely attract new buyers into the market.

The minor support can be seen at 1.1235 which will most likely offer a rebound.

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“John Benjamin Resident Analyst at Orbex. John has over 8 years of experience specializing in the currency markets, tracking the macroeconomic and geopolitical developments shaping the financial markets. John applies a mix of fundamental and technical analysis and has a special interest in inter-market analysis and global politics.” [space height="10"] At Orbex, we are dedicated to serving our clients responsibly with the latest innovations in forex tools and resources to assist you in trading. Please Director at Visit our site for more details.

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