has fallen below the 1.1100 level against the US dollar
, marking a bearish
monthly price close beneath the bottom of its yearly price range. The EURUSD
pair could eventually target towards the 1.0900 level now the range is breached. Key downside target to watch in the interim for the EURUSD
pair is located at the 1.1000 and 1.0980 support levels.
pair is heavily bearish
while trading below the 1.1100 level, key support is found at the 1.1000 and 1.0980 levels.
If the EURUSD
pair trades above the 1.1100 level, bulls could test back towards the 1.1125 and 1.1160 levels.