EURUSD bulls need to break 1.1338
The euro is holding firm above the 1.1300 level against the US dollar on Friday as sellers struggled to take back control of price action. Bulls need to rally the EURUSD pair above the 1.1338 level to encourage short-term buying interest toward the 1.1360 level. The 1.1290 support level continues to act as critical support, with the EURUSD pair still receiving strong dip-buying interest.
The EURUSD pair is strongly bullish while trading above the 1.1325 level, key technical resistance is found at the 1.1338 and 1.1360 levels.
If the EURUSD pair moves under the 1.1290 level, sellers may test towards the 1.1275 and 1.1260 levels.