EURUSD neutral bias
The euro is struggling to find a directional bias against the US dollar, with the pair consolidating around the 1.1130 resistance area. Buyers need to break above the 1.1200 level to force the next upside technical breakout in the EURUSD pair. Looking at the downside, EURUSD sellers need to close price under the 1.1115 level to encourage selling pressure back towards the 1.1060 level.
The EURUSD pair is only bullish while trading above the 1.1130 level, key resistance is found at the 1.1170 and 1.1200 levels.
The EURUSD pair is only bearish while trading below the 1.1130 level, key support is found at the 1.1115 and 1.1090 levels.