is testing towards the 1.1200 level against the US dollar
after bulls once again failed to break above the pairs former weekly trading high. The overall sentiment towards the EURUSD
pair is intraday bearish
while trading below the 1.1216 level. Buyers need to stabilize the EURUSD
pair above the 1.1230 resistance level
to encourage the next wave of strong buying interest.
pair is only bullish
while trading above the 1.1216 level, key technical resistance is found at the 1.1230 and 1.1264 levels.
If the EURUSD
pair moves below the 1.1216 level, key technical support is found at the 1.1190 and 1.1164 levels.