EURUSD NEUTRAL AROUND 1.1650 LEVEL
The euro continues to hold around the 1.1650 level against the greenback, as traders remain undecided about the direction of the US dollar. The EURUSD pair had earlier benefitted from weakness in the US dollar, following comments from President Trump on Thursday. Sellers will continue to target further losses below the 1.1600 level, while buyers will attempt to hold price above the 1.1681 level.
The EURUSD pair is only bearish while trading below the 1.1630 level, key support is found at the 1.1600 and 1.1580 levels.
If the EURUSD pair moves above the 1.1681 level, buyers will likely price towards the 1.1700 and 1.1744 resistance levels.