The euro currency is struggling to move above the 1.1800 resistance level against the US dollar, despite numerous upside attempts. The EURUSD pair only has strong short-term bullish bias while the daily candle continues to close above the 1.1785 level. To the downside, weakness below the 1.1730 level is required to encourage a key technical test of the 1.1660 support region.
The EURUSD pair is only bearish while trading below the 1.1770 level, key support is found at the 1.1700 and 1.1660 levels.
The EURUSD pair is only bullish while trading above the 1.1770 level, key resistance is found at the 1.1800 and 1.1840 levels.
