EURUSD NOW TESTING 1.1800 LEVEL
The euro currency continues to push higher against the US dollar, with price testing the 1.1800 level for the first time since July. The EURUSD pair has looked past much weaker than expected eurozone manufacturing PMI data this morning, with the greenback driving the action in the foreign exchange market. Buyers will try to test the 1.1850 level, while sellers will attempt to push price towards the 1.1730 support level.
The EURUSD pair strongly bullish while trading above the 1.1730 level, key resistance is now found at the 1.1850 and 1.1910 levels.
If the EURUSD pair moves below the 1.1730 level, key support is found at 1.1700 and 1.1650 levels.