EURUSD decision time
The euro currency has fallen to its weakest level against the US dollar since 2017, with the pair falling towards the 1.0600 support level. The EURUSD pair could fall towards the 1.0500 level if sellers break through the important 1.0600 support level. If bulls move price above the 1.0700 level the EURUSD pair could bounce back towards the psychological 1.1000 resistance level.
The EURUSD pair is only bullish while trading above the 1.1000 level, key resistance is found at the 1.1060 and 1.1100 levels.
The EURUSD pair is bearish while trading below the 1.1000 level, key support is found at the 1.0600 and 1.0540 levels.