FX.co ★ EUR/USD

For most of yesterday’s trading session in the EUR/USD pair, sellers were actively testing the calculated support level around 1.1398. However, they never really managed to break through it, even though the volumes were quite high and gradually increasing, which, against the backdrop of the absence of further decline, looks like weakness on the part of the bears. There are just too many limit buy orders accumulated around this level, and it won’t be easy to push through them. Overall, my priority is buying, so today I will be looking for the EUR/USD pair to continue the rise that started yesterday in the second half of the session, targeting the nearest calculated resistance level at 1.1450.