EURUSD (1.1599): The EURUSD currency pair closed bullish on Monday on a softer greenback. The rebound in prices came after the euro currency tested the technical support at 1.1540. The upside bounce could keep price action trading within the range of 1.1730 and 1.1540. A breakout from this range will most likely establish a new change in trend. To the upside, above 1.1730 resistance, the EURUSD could be seen testing the next main resistance at 1.1920. To the downside, the lower support at 1.1400 remains within the target.
