EURUSD facing struggle to break key resistance
EURUSD facing fresh selling pressure around (1.2243) resistance. With the uptrend still intact we may expect the price to range around (1.2239) before the trend to reverse lower occurs near term. The January high (1.2325) may not come into play due to the Dollar paring back minor losses and a mid-range RSI suggesting a weak bias toward further upside . For the week ahead look towards a break below (1.2151) level for a possible downward swing towards (1.2061) concluding near (1.180) support levels.
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