The euro has fallen towards the 1.0900 level against the US dollar after the US economy released better than expected job numbers. Bulls need to rally the EURUSD from current levels to avoid a further decline in the pair towards the 1.0840 technical regions. If bulls can reclaim the 1.0980 level then the EURUSD pair may eventually start to move back towards the 1.1070 technical regions.
The EURUSD pair is only bullish while trading above the 1.1070 level, key resistance is found at the 1.1130 and 1.1170 levels.
The EURUSD pair is bearish while trading below the 1.1070 level, key support is found at the 1.0980 and 1.0900 levels.
