April 17, OctaFX – In this EURUSD analysis, the euro currency is starting to move higher against the US dollar after sellers failed to hold price below the 1.1290 technical support level.
EURUSD technical analysis
The intraday sentiment surrounding the EURUSD pair is only bearish while trading below the 1.1290 level. The key weekly technical resistance level for the EURUSD pair above the 1.1290 level is currently located at the 1.1360 level.
The EURUSD pair is only bearish while trading below the 1.1290 level, key technical support is found at the 1.1250 and 1.1229 levels.
If the EURUSD pair trades above 1.1290 level, key intraday resistance is found at the 1.1325 and 1.1360 levels.
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