EURUSD 1.1500 MEDIUM TERM BULLISH TARGET
The euro currency has continued to trade higher against the US dollar during the European trading session, with price reaching 1.1428. The intraday upside target for EURUSD buyers remains the 1.1450 level, while medium-term bulls are likely to aim for the 1.1500 resistance level. A strong rejection from current trading levels may provoke a technical test of the 1.1330 support level.
The EURUSD pair is intraday bullish while trading above the 1.1390 level, key resistance is found at the 1.1450 and 1.1500 levels.
If the EURUSD pair trades below the 1.1390 level, key intraday support is found at the 1.1360 and 1.1330 levels.