The euro has continued its recent slide against the US dollar, with the pair testing towards the 1.0840 technical support region. The losses in the EURUSD pair show few signs of stopping, placing the 1.0810 level as the strongest area of support below the 1.0840 support level. Overall, traders have few reasons to be bullish towards the EURUSD while price trades below the 1.0930 level.
The EURUSD pair is only bullish while trading above the 1.0930 level, key resistance is found at the 1.0990 and 1.1030 levels.
The EURUSD pair is bearish while trading below the 1.0930 level, key support is found at the 1.0840 and 1.0810 levels.
