The euro currency is looking more bullish against the US dollar after traders aggressively bought the recent price dip under the 1.1800 level. Bulls need to anchor the EURUSD pair above the 1.1900 level this week to encourage more short and medium-term technical buying. The 1.1970 and 1.2000 levels are likely to be the main bullish targets if EURUSD buyers can break through the 1.1900 level.
The EURUSD pair is only bullish while trading above the 1.1900 level, key resistance is found at the 1.1970 and 1.2000 levels.
EURUSD pair is only bearish while trading below the 1.1900 level, key support is found at the 1.1850 and 1.1820 levels.
