EURUSD 1.1800 now key
The euro currency is having a negative start to the new trading week against the US dollar, as US political intensify ahead of the upcoming election. EURUSD bulls need to anchor price above the 1.1840 level to encourage a rally towards the 1.1890 level. Looking at the downside potential for the pair, further intraday weakness is possible if EURUSD sellers break the 1.1800 support level.
The EURUSD pair is only bearish while trading below the 1.1830 level, key support is found at the 1.1800 and 1.1750 levels.
The EURUSD pair is only bullish while trading above the 1.1830 level, key resistance is found at the 1.1840 and 1.1890 levels.