On yesterday session, the EURUSD initially fell but found enough support near the Fridays close to erase all its losses and closed near the high of the day, in addition the currency pair managed to close above Friday’s high, which suggests a strong bullish momentum.
The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1860 (support), a daily support at 1.1829, and a daily support at 1.1753.