EURUSD watching 1.1830
The euro currency has continued to enjoy a strong bid-tone against the US dollar, with the pair once again rallying above the 1.1800 resistance level. The EURUSD pair now looks set to perform its highest monthly price close since September 2018. Over the medium-term, traders a likely to buy any pullback towards the 1.1500 level in anticipation of more gains in the EURUSD pair next month.
The EURUSD pair is only bullish while trading above the 1.1750 level, key resistance is found at the 1.1830 and 1.1900 levels.
The EURUSD pair is only bearish while trading below the 1.1750 level, key support is found at the 1.1710 and 1.1680 levels.