HomeContributorsTechnical AnalysisEURUSD Still Bullish Above 1.1674 Level

EURUSD Still Bullish Above 1.1674 Level

The euro continues to make fresh gains against the US dollar, with the EURUSD pair earlier setting a new monthly trading-high, just above the 1.1720 level. Traders now await the release of the important Nonfarm Payrolls job report from the United States economy. Buyers need a sustained break above the 1.1719 level, while sellers need a confirmed technical break below the 1.1674 support level.

The EURUSD pair is bullish while trading above the 1.1719 level, key resistance remains at the 1.1750 and 1.1780 levels.

If the EURUSD pair moves below the 1.1674 level, key support is found at the 1.1648 and 1.1600 levels.

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