EURUSD FURTHER BULLISH ABOVE 1.1730 LEVEL
The euro currency is trading at the best levels of the day so far against the US dollar, after better than expected eurozone data this morning. The EURUSD pair is moving closer to a strong upside technical breakout above the 1.1730 resistance level as the US dollar retreats lower. Buyers will likely target the 1.1790 resistance level, while sellers need to force price back under the 1.1680 support level.
The EURUSD pair is bullish while trading above the 1.1680 level, key resistance is found at the 1.1730 and 1.1790 levels.
If the EURUSD pair falls below the 1.1680 level, key technical support is found at the 1.1650 and 1.1630 levels.