EURUSD key week ahead

The euro currency is set for a pivotal trading week against the US dollar, as the pair continues to hold around its weakest in over two-years. A break under the 1.0800 level exposes the EURUSD pair to further losses towards the 1.0750 and possibly the 1.0680 level. A move above the 1.0930 level could help the EURUSD pair launch a recovery back towards the 1.0990 technical area.

• The EURUSD pair is only bullish while trading above the 1.0930 level, key resistance is found at the 1.0990 and 1.1030 levels. 

• The EURUSD pair is bearish while trading below the 1.0930 level, key support is found at the 1.0800 and 1.0750 levels.