EURUSD analysis Wednesday, April 7
In the EURUSD weekly chart, the euro jumped from the support of $ 1,1620 and can rise to higher levels. The next resistance is EURUSD at $ 1.80. On the EURUSD daily chart, we see a similar uptrend, with the euro strengthened by $ 1.1710 support. In the EURUSD four-hour chart, the euro jumped to support at $ 1,1797. This support is in good agreement with an estimate of 78.6% Fibonacci and a correction of 50% Fibonacci.
The $ 1.80 resistance area and the $ 1.1797 support area are key EURUSD levels.
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