The euro currency is on the rise against the US dollar, with the. EURUSD pair performing an extremely bullish daily price close above the 1.1840 level. EURUSD bulls may now be encouraged to test towards the 1.1940 level, and possibly the 1.2000 resistance area. In the near-term, the short-term bullish bias remains in place while the price continues to anchor above the 1.1840 level.
The EURUSD pair is only bearish while trading below the 1.1840 level, key support is found at the 1.1810 and 1.1790 levels.
The EURUSD pair is only bullish while trading above the 1.1840 level, key resistance is found at the 1.1915 and 1.1940 levels.