EURUSD further upside expected above 1.1410
The euro is holding onto Friday’s strong gains against the greenback in early-week trading, as the US dollar comes under selling pressure across the board. The EURUSD pair has a strong bullish bias while trading above the 1.1410 level, with buyers likely aiming for the pivotal 1.1460 level. Technical failure from current levels may provoke sellers to test towards the 1.1360 area.
The EURUSD pair is strongly bullish while trading above the 1.1410 level, key technical resistance is found at the 1.1460 and 1.1530 levels.
If the EURUSD pair falls below the 1.1410 level, sellers may test towards the 1.1360 and 1.1330 support levels.