The euro currency is retaining its strong bid tone against the US dollar after bulls broke through the important 1.0935 resistance level. If buyers move price above the former weekly trading high, around the 1.1010 level, then a further rally towards the 1.1070 level remains likely. Any technical pullbacks can expect to find strong technical support from the 1.0930 area.
The EURUSD pair is only bullish while trading above the 1.0935 level, key resistance is found at the 1.1010 and 1.1070 levels.
The EURUSD pair is only bearish while trading below the 1.0935 level, key support is found at the 1.0915 and 1.0900 levels.
