EURUSD 1.1220 resistance

The euro is holding above the technically important 1.1200 level against the US dollar, with the 1.1220 level now the main area of resistance bulls need to clear. If EURUSD bulls move price above the 1.1220 resistance level the 1.1260 level is the next upside target. A sustained loss of the 1.1200 support level should provoke EURUSD selling a test of the 1.1170 support region.

• The EURUSD pair is only bullish while trading above the 1.1170 level, key resistance is found at the 1.1220 and 1.1260 levels. 

• The EURUSD pair is only bearish while trading below the 1.1170 level, key support is found at the 1.1150 and 1.1120 levels.