EURUSD bears targeting 1.1164
The euro currency is starting to trade below the 1.1190 level against the US dollar over fears about possible trade tariffs from the United States. Sellers now need to move the EURUSD below the 1.1164 support level to change the weekly trading sentiment towards the pair. The four-hour time frame is currently showing multiple head and shoulders patterns starting to take shape.
The EURUSD pair is only intraday bullish while trading above the 1.1190 level, key technical resistance is found at the 1.1216 and 1.1233 levels.
If the EURUSD pair moves below the 1.1190 level, key technical support is found at the 1.1164 and 1.1135 levels.