The euro has moved sharply to the upside against the US dollar, with the pair advancing above the 1.1000 resistance level as the greenback falters. The 1.1130 level offers extended weekly resistance for the EURUSD pair if bulls can gain traction above the 1.1060 level. To the downside, sellers need to move price below the 1.0930 level to negate the short-term bullish pair surrounding the EURUSD pair.
The EURUSD pair is only bullish while trading above the 1.0930 level, key resistance is found at the 1.1060 and 1.1130 levels.
The EURUSD pair is bearish while trading below the 1.0930 level, key support is found at the 1.0860 and 1.0750 levels.
