The euro currency is trading around the 1.1145 level against the US dollar, with the pair still under severe downside pressure. A reversal back towards the 1.1100 support level still appears the most likely scenario for the EURUSD pair over the short-term. A multi-day price close back above the 1.1170 level should help encourage traders to test back towards the 1.1200 resistance level.
The EURUSD pair is only bullish while trading above the 1.1145 level, key resistance is found at the 1.1170 and 1.1200 levels.
The EURUSD pair is bearish while trading below the 1.1145 level, key support is found at the 1.1125 and 1.1100 levels.
