The euro currency is testing above the 1.1300 level against the US dollar currency after bulls defended the pivotal 1.1260 support level yesterday. A sustained breakout above the 1.1350 level could see the EURUSD pair testing towards the 1.1380 resistance level. To the downside, a loss of the 1.1290 support level could the EURUSD pair tumbling towards the 1.1260 support zone.
The EURUSD pair is only bearish while trading below the 1.1260 level, key support is found at the 1.1190 and 1.1150 levels.
The EURUSD pair is only bullish while trading above the 1.1260 level, key resistance is found at the 1.1350 and 1.1380 levels
