EURUSD testing demand around 1.1400 level
The euro currency mas moved back towards the 1.1400 resistance level after sellers earlier failed to hold price below the 1.1360 support level. The EURUSD may rally towards the 1.1430 area if buyers can move the pair above the 1.1410 level. If the EURUSD pair fails at current trading levels, a move back towards the current weekly trading low seems the most likely scenario.
The EURUSD pair is bullish trading above the 1.1400 level, key technical resistance is found at the 1.1410 and 1.1430 levels.
If the EURUSD pair moves below the 1.1400 level, sellers may test back towards the 1.1360 and 1.1330 support levels.