The euro currency has reversed direction against the US dollar, following much weaker than expected economic data from the United States economy on Thursday. The EURUSD pair has an intraday bullish bias while trading above the 1.1190 level and would only perform a key technical breakout above the 1.1265 level. Sentiment remains mixed ahead of the EU election result, while a weekly price close below the 1.1130 level will be taken as a bearish sign for the EURUSD pair.
The EURUSD pair is bullish while trading above the 1.1190 level, key technical resistance is found at the 1.1230 and 1.1265 levels.
If the EURUSD pair moves under the 1.1165 level, key technical support is found at the 1.1130 and 1.1100 levels.
The EURUSD pair is bullish while trading above the 1.1190 level, key technical resistance is found at the 1.1230 and 1.1265 levels.
If the EURUSD pair moves under the 1.1165 level, key technical support is found at the 1.1130 and 1.1100 levels.
