EUR/USD Price Analysis: Extra gains expected to test 1.1150

EUR/USD is struggling to extend the advance beyond the 1.10 mark.
Immediately to the upside emerges the later March tops near 1.1150.

EUR/USD has so far met resistance in the 1.1030/35 band, just above the critical 200-day SMA.

A close above this area is needed to allow for a potential visit to the mid-1.1100s, area last seen in late March.

Above the 200-day SMA, the pair is expected to regain the constructive outlook.

EUR/USD daily chart

May 28, 2020

EUR/JPY: Rallying strongly with the 200-day average at 119.26 to cap – Credit Suisse

EUR/JPY continues to rally strongly after establishing a base and Credit Suisse’s bias stays higher with next resistance at the April highs at 119.01/

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May 28, 2020

NZD/CHN: A break of the 4.00 mark by year-end is not out of the cards – ANZ

With more aggressive monetary easing on the cards compared to China, strategists at ANZ Bank expect NZD/CNH to retest the last low, and breaking 4.00

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