The euro continues to build upside pressure against the US dollar on Monday, with buyers still in full control of the pair over the short-term. EURUSD bulls now need to break through the 1.1264 level in order to encourage technical buying towards the 1.1290 level. Overall, the 1.1360 level offers the strongest form of weekly resistance, while the 1.1164 level is breakout weekly support.
The EURUSD pair is strongly bullish while trading above the 1.1230 level, key technical resistance is found at the 1.1264 and 1.1290 levels.
If the EURUSD pair moves below the 1.1230 level, key technical support is found at the 1.1216 and 1.1190 levels.
