EUR/USD Daily Forecast – Support At 1.1750 In Sight

EUR/USD Daily Forecast – Support At 1.1750 In Sight

EUR/USD is moving towards the support at 1.1750 while the U.S. dollar is gaining ground against a broad basket of currencies.

The U.S. Dollar Index is currently trying to settle above the resistance at 93.10. If the U.S. Dollar Index gets above this level, it will move towards the resistance at 93.30 which will be bearish for EUR/USD.