EURO TESTS 1.1713 SUPPORT
The single currency has moved sharply lower against the U.S dollar, crashing below the euro's key 200-week moving average at 1.1783, to test the 2015 price high, found at the 1.1713 support level.
Much better than expected numbers from the U.S JOLTs job openings, and escalating tension between the United and North Korea have caused the US index to strengthen across the board.
The EURUSD pair has bounced towards the 1.1730 level, having survived the first technical test of the key 1.1713 level.
Below the 1.1713 level, support is found at the 1.1680 level, and the calculated monthly pivot point, at 1.1665.
Key intraday resistance for the EURUSD is found at the daily pivot point, at 1.1764. Above the daily pivot, the 200-week moving average comes into focus, at 1.1783.
The 1.1802 and 1.1823 levels are the next relevant resistance areas above the EURUSD 200-week MA.