HomeContributorsTechnical AnalysisEURUSD Now Bullish Above 1.1431 Level

EURUSD Now Bullish Above 1.1431 Level

The euro currency has continued to recover higher against the US dollar, with the price now trading firmly above the 1.1400 level ahead of the release of the US monthly jobs report. The intraday bias surrounding the EURUSD pair is strongly bullish while trading above the 1.1431 level. Buyers will likely aim for the 1.1500 resistance level, while sellers will likely target the 1.1380 support level.

The EURUSD pair is strongly bullish while trading above the 1.1431 level, key resistance is found at the 1.1460 and 1.1500 levels.

If the EURUSD pair moves below the 1.1431 level, sellers are likely to test towards the 1.1380 and 1.1301 support levels

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