The euro has bounced from the 1.0950 level against the US dollar as traders continue to buy any meaningful pullbacks in the pair. Bullish Brexit news has also given the EURUSD pair a boost, leaving the 1.1025 level as the next major resistance area. A bullish breakout above the 1.1025 level could accelerate technical buying and push the EURUSD pair towards the 1.1070 level.
The EURUSD pair is only bearish while trading below the 1.0950 level, key support is found at the 1.0920 and 1.0880 levels.
The EURUSD pair is bullish while trading above the 1.0950 level, key resistance is found at the 1.1025 and 1.1070 levels.
