The euro currency looks increasingly bullish against the US dollar as the pair edges closer to the June monthly trading high. EURUSD buyers may target the 1.1430 level if they are able to stage a breakout above the 1.1400 resistance level. To the downside, EURUSD sellers need to break the 1.1300 support level to encourage bears to force the pair down towards the 1.1260 level.
The EURUSD pair is only bullish while trading above the 1.1300 level, key resistance is found at the 1.1400 and 1.1430 levels.
The EURUSD pair is only bearish while trading below the 1.1300 level, key support is found at the 1.1260 and 1.1150.
