The euro has come under slight bearish pressure against the greenback during the European trading session, with the pair falling back towards the 1.0910 level. EURUSD bulls still have a chance at rallying the pair towards the 1.1000 level while price trades above the 1.0900 level. The 1.0950 level is currently the strongest form of near-term technical resistance buyers need to overcome.
The EURUSD pair is bearish while trading below the 1.1000 level, key support is found at the 1.0900 and 1.0880 levels.
The EURUSD pair is only bullish while trading above the 1.1000 level, key resistance is found at the 1.1025 and 1.1070 levels.
