EUR/USD nearing an area of resistance

Keep an eye on the euro in the hours ahead. After a dip in Europe, it's been slowly battling higher. The 1.1170 is the first area of resistance. It marks Friday's high and the 50% retracement of the Brexit drop.

Beyond that, the Brexit bounce highs of 1.1189 and psychological reistance at 1.1200 loom.

If the euro can clear those levels then there is some clear sailing above.