EURUSD TECHNICALLY REJECTED FROM 1.1500
The euro currency has once again been technically rejected from the 1.1500 resistance level during the European trading session as Italian bond-yields rise and the US dollar index soars higher. EURUSD sellers will look to break the 1.1463 support level and target the 1.1410 level, while buyers need to close the day above the 1.1553 resistance level.
The EURUSD pair is strongly bearish while trading below the 1.1500 level, key support is now found at the 1.1463 and 1.1410 levels.
If the EURUSD pair moves above the 1.1500 level, key technical resistance is located at the 1.1524 and 1.1553 levels.