EURUSD 1.0770 critical support
The euro currency is at risk of further losses on the week against the greenback after President Trump noted his preference for a strong US dollar. The EURUSD pair could fall towards the 1.0630 level if the key 1.0770 support level is broken. Repeated technical failure to move the EURUSD pair back above the 1.0890 resistance level is also weighing on the pair.
The EURUSD pair is only bullish while trading above the 1.0890 level, key resistance is found at the 1.0990 and 1.1070 levels.
The EURUSD pair is only bearish while trading below the 1.0890 level. Key support is found at the 1.0770 and 1.0630 levels.