The euro currency has failed to hold above the 1.1130 level against the US dollar, further adding to the uncertainty surrounding the pair. Going forward, bulls must close the daily candle above the 1.1150 level or the EURUSD pair risks falling towards the 1.1100 level. Once above 1.1150, watch out for a rally in the EURUSD pair back towards the 1.1200 resistance level.
The EURUSD pair is only bullish while trading above the 1.1130 level, key resistance is found at the 1.1170 and 1.1200 levels.
The EURUSD pair is only bearish while trading below the 1.1130 level, key support is found at the 1.1115 and 1.1090 levels.
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