EUR/USD daily chart
- EUR/USD is trading in a bear trend below its main simple moving averages.
EUR/USD 4-hour chart
- EUR/USD is between the 50 and 100 SMA which suggests a consolidation phase.
EUR/USD 30-minute chart
- EUR/USD is trading in a tight trading range between 1.1320 and 1.1360 level.
- Bulls would need a breakout above 1.1360 to reach 1.1380 and 1.1400 to the upside.
- A break below 1.1320 can open the doors to 1.1280 level.
Additional key levels: