Contributors Technical Analysis EURUSD 1.0850 Support

EURUSD 1.0850 Support

The euro currency is trading below the 1.0900 level against the greenback, as the US Dollar index advances to a new 2019 trading high. The current risk for the EURUSD pair is a drop towars the 1.0850 level, with extended support around the 1.0810 level. Overall, the EURUSD faces a day of high impacting economic data, which has the potential to positively or negatively impact the pair.

The EURUSD pair is only bearish while trading below the 1.1025 level, key support is found at the 1.0850 and 1.0810 levels.

The EURUSD pair is only bullish while trading above the 1.1025 level, key resistance is found at the 1.1070 and 1.1110 levels.

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