The euro currency is starting to give back early week gains against the greenback after buyers failed to sustain price above the 1.1500 level on Thursday. The EURUSD pair is likely to weaken towards the 1.1410 level in the near-term if price falls below the important 1.1430 support level. Buyers need to move the EURUSD pair back above the 1.1460 resistance area to regain bullish momentum.
The EURUSD pair is bearish while trading below the 1.1430 level, key technical support is found at the 1.1410 and 1.1370 levels.
If the EURUSD pair trades above the 1.1460 level, buyers may test towards the 1.1500 and 1.1550 resistance levels.
