The euro currency is appearing more bullish against the US dollar in the short-term, following another solid daily price close. EURUSD bulls are looking for a strong finish to the trading week and may target a weekly close above the 1.1175 level. If this scenario occurs traders should expect to see the EURUSD pair rallying next week.
The EURUSD pair is only bullish while trading above the 1.1145 level, key resistance is found at the 1.1175 and 1.1200 levels.
The EURUSD pair is only bearish while trading below the 1.1145 level, key support is found at the 1.1080 and 1.1060 levels.
