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EURUSD - Key Support Level

FX:EURUSD   Euro / U.S. Dollar
The EURUSD pair on the Daily chart is in a key support area , around 1.0510 level which has been tested in March 2013 and December 2015. The pair has been trading within a range from 1.0500 to 1.1600 since March 2013.
From this Key Support Area , a bullish trend can confirm the continuation of the sideways trade. On the other hand, a Bearish trend would break through the support area and reach below 1.0450s which would mean the lowest value of the EURO against USD in the past 13 years.

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