EURUSD MOVING BACK TOWARDS KEY SUPPORT
The euro currency has started to turn-lower against the US dollar after the pair found strong resistance from the 1.1750 level earlier today. Despite the correction lower during the European trading session, the EURUSD pair still retains a bullish bias while trading above the 1.1681 level. EURUSD buyers will continue to look for further upside above the 1.1750 level, while sellers will look to break below the 1.1681 level.
The EURUSD pair is only intraday bullish while trading above the 1.1681 level, key resistance is now found at the 1.1750 and 1.1800 levels.
If the EURUSD pair falls below the 1.1681 level, sellers will target the 1.1650 and 1.1630 support levels.