EURUSD 1.1100 struggle
The euro is testing towards the top of its short-term trading range against the US dollar, as the pair attempts to reclaim the 1.1100 resistance level. EURUSD bulls need to quickly rally the pair towards the 1.1150 level if a breakout above the 1.1100 level takes place. Failure to overcome the 1.1100 level will likely see the EURUSD pair sold back towards the pivotal 1.1060 support level.
The EURUSD pair is only bullish while trading above the 1.1100 level, key resistance is found at the 1.1130 and 1.1150 levels.
The EURUSD pair is only bearish while trading below the 1.1100 level, key support is found at the 1.1060 and 1.1020 levels.