EURUSD 1.1820 resistance
The euro currency has staged a minor technical bounce against the US dollar after financial markets opened the new trading week in risk-on mode. A break above the 1.1820 resistance level exposes further upside towards the 1.1860, and possibly the 1.1880 level. To the downside, a drop under the 1.1780 level could see the EURUSD pair falling towards the 1.1680 support area.
The EURUSD pair is only bearish while trading below the 1.1800 level, key support is found at the 1.1780 and 1.1730 levels.
The EURUSD pair is only bullish while trading above the 1.1800 level, key resistance is found at the 1.1840 and 1.1880 levels.