The euro currency has soared to a fresh monthly trading-high against the US dollar, hitting 1.1782, during the European trading session. The EURUSD pair has been a beneficiary of intraday weakness in the greenback, with the US dollar index slipping below the 94.00 level. Buyers will now look to break above the 1.1800 level, while sellers will target the 1.1724 support level.
The EURUSD pair is further bullish while trading above the 1.1800 level, key resistance remains at the 1.1800 and 1.1851 levels.
If the EURUSD pair falls below the 1.1724 level, key technical support is found at the 1.1713 and 1.1685 levels.
