EURUSD 1.1360 key level to watch
The euro currency remains under pressure against the US dollar on Monday, with the pair trading close to the pivotal 1.1360 support level. A sustained loss of the 1.1360 level will likely provoke an eventual test of the 1.1300 level, which is a historically important level for the EURUSD. Looking to the upside, buyers need to break above the 1.1410 level to build further bullish momentum.
The EURUSD pair is strongly bearish while trading below the 1.1360 level, key technical support is found at the 1.1300 and 1.1260 levels.
If the EURUSD pair moves above the 1.1410 level, buyers may test towards the 1.1430 and 1.1460 resistance levels.