is trading towards the best levels of the week against the US dollar
after the pair moved above the major technical resistance, at 1.1174. If the EURUSD
pair continues to trade above the 1.1174 level, the next key resistance area
to watch is the 1.1216 level. EURUSD
traders are now awaiting the release of French and eurozone GDP data this morning, with expectations tilted to the upside.
pair is only bearish
while trading below the 1.1174 level, key technical support is found at the 1.1150 and 1.1135 levels.
If the EURUSD
pair holds above 1.1174 level, key intraday resistance is found at the 1.1216 and 1.1250 levels.