EURUSD technical outlook: rally stalls near resistance, key support in focus

  • As the European traders look to exit for the day, technically today, the EURUSD rallied modestly on the day, but stalled just ahead of a key resistance zone near 1.14238, with the high reaching 1.14181 before retreating. That swing level remains a critical barrier, and price action has turned choppy as the pair hovers around a cluster of technical levels.