The euro currency has fallen below the 1.1600 support level against the US dollar, after a key technical break below the previously mentioned symmetrical triangle pattern. The EURUSD pair retains a strong intraday bearish bias while trading below the 1.1620 level. Sellers will now target the 1.1508 support level, while buyers need to hold price above 1.1620 resistance level.
The EURUSD pair is strongly bearish while trading below the 1.1620 level, key support is now found at the 1.1550 and 1.1508 levels.
If the EURUSD pair trades above the 1.1620 level, buyers may test toward the 1.1630 and 1.1650 resistance levels.
