EURUSD faces risk of further move higher in the new week on correction. Resistance comes in at the 1.0900 where a break will turn risk towards the 1.0950 level. A breach of here will target the 1.1000 level. Further up, resistance stands at the 1.1050. Conversely, on the downside, support comes in at 1.0850 level with a violation opening the door for further gain towards the 1.0800 level. Further down, resistance lies at the 1.0750 level. A cut through that level will clear the way for a move towards the 1.0700 level. All in all, EURUSD looks for more recovery threats

EURUSD Continues To Face Recovery Threats