EURUSD bullish above 1.1430 level

The euro is moving higher against the US dollar on Friday, following a clear technical break above the 1.1430 resistance level. EURUSD traders now need to hold price above the pairs one-hundred day moving average, for further bullish advancement towards the 1.1500 level. A loss of the 1.1430 level will likely provoke a technical test of the 1.1410 support level.

• The EURUSD pair is bullish while trading above the 1.1430 level, key technical resistance is found at 1.1470 and 1.1500 levels.

• If the EURUSD pair trades below the 1.1430 level, sellers may test towards the 1.1410 and 1.1380 levels.