8 May 2019, OctaFX – The euro currency continues to hold above the 1.1190 level against the US dollar following better than expected Industrial Production data from the German economy.
EURUSD technical analysis
The EURUSD pair is growing increasingly bullish and may soon target the 1.1250 resistance level. EURUSD buyers now need to move price above the key 1.1216 resistance level to encourage fresh technical buying.
The EURUSD pair is intraday bullish while trading above the 1.1190 level, key technical resistance is found at the 1.1216 and 1.1250 levels.
If the EURUSD pair moves below the 1.1190 level, key technical support is found at the 1.1164 and 1.1135 levels.
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