EURUSD INTRADAY BULLISH ABOVE 1.1724 LEVEL

EURUSD INTRADAY BULLISH ABOVE 1.1724 LEVEL


The euro             has broken higher against the US dollar             , following softer than expected wage earnings data inside Friday’s key United States monthly jobs report. The EURUSD             pair is now trading at its highest level since the day of the last European Central Bank policy meeting. Bulls will look to reclaim the 1.1800 handle, while sellers to look to test towards the key 1.1724 support level .

The EURUSD             pair remains intraday bullish while trading above the 1.1724 level, key resistance is found at the 1.1800 and 1.1851 levels.

If the EURUSD             pair moves below the 1.1724 level, key technical support is found at the 1.1713 and 1.1685 levels.

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