The euro continues to trade above the key 1.1300 level against the US dollar as the greenback comes under selling pressure across the board. If bulls can hold price above the 1.1325 resistance level, EURUSD buyers may soon start to target the 1.1360 level. Only a sustained move under the 1.1290 support level can negate the current short-term bullish bias surrounding the EURUSD pair.
The EURUSD pair is strongly bullish while trading above the 1.1325 level, key technical resistance is found at the 1.1360 and 1.1400 levels.
If the EURUSD pair moves under the 1.1290 level, sellers may test back towards the 1.1280 and 1.1260 levels.
