The euro currency is holding critical support against the US dollar, despite the pair finishing the month of September heavily in the red. Technical analysis shows that EURUSD pair could tumble towards the 1.1500 area if the 1.1660 support level is broken with conviction this month. To the upside, bulls need to break above the 1.1780 level to encourage the next major push higher.
The EURUSD pair is only bearish while trading below the 1.1690 level, key support is found at the 1.1660 and 1.1610 levels.
The EURUSD pair is only bullish while trading above the 1.1690 level, key resistance is found at the 1.1780 and 1.1840 levels.
