The euro currency is attempting to stabilize around the pivotal 1.1460 level against the US dollar on Monday, after the better than expected Nonfarm Payrolls job report boosted the greenback higher. Dip-buying interest in the EURUSD pair is likely to remain strong until the key 1.1410 support level is clearly broken. Overall, buyers will likely attempt a series of bullish daily price closes above the important 1.1500 resistance level.
The EURUSD pair is bullish while trading above the 1.1460 level, key technical resistance is found at the 1.1500 and 1.1550 levels.
If the EURUSD pair trades below the 1.1430 level, sellers may test towards towards the 1.1410 and 1.1360 support levels.
