EURUSD bearish below 1.1840
The euro currency is under slight bearish pressure against the US dollar, after closing the daily candle below the technically important 1.1840 level. The EURUSD pair could fall towards the 1.1750 support area if bulls fail to anchor price above the 1.1840 level. If bulls hold price above the 1.1840 resistance level then the next major push higher towards the 1.1900 area may commence.
The EURUSD pair is only bearish while trading below the 1.1840 level, key support is found at the 1.1785 and 1.1750 levels.
The EURUSD pair is only bullish while trading above the 1.1840 level, key resistance is found at the 1.1890 and 1.1940 levels.