EURUSD 1.1265 still the level to watch
The euro has advanced to a fresh monthly trading high against the US dollar following the release of much weaker than expected economic data from the United States economy. The EURUSD pair has firmed above the 1.1200 level, with bulls now needing to break above major technical resistance a the 1.1265 level. A bullish confirmed bullish breakout above the important 1.1265 level may trigger heavy technical buying towards the 1.1300 level.
The EURUSD pair is only bullish while trading above the 1.1216 level, key technical resistance is found at the 1.1265 and 1.1300 levels.
If the EURUSD pair trades below 1.1216 level, key technical support is found at the 1.1190 and 1.1165 levels.
The EURUSD pair is only bullish while trading above the 1.1216 level, key technical resistance is found at the 1.1265 and 1.1300 levels.
If the EURUSD pair trades below 1.1216 level, key technical support is found at the 1.1190 and 1.1165 levels.
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