Home EUR/USD Technical Analysis: A visit to 2019 low at 1.1176 remains on the cards

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EUR/USD Technical Analysis: A visit to 2019 low at 1.1176 remains on the cards

FX Street

Published date: 1 Apr. 2019 | 10:32

The pair is recovering part of the ground lost during last week and is now looking to regain the mid-1.1200s amidst broad-based USD weakness.
EUR/USD is now facing the next significant at 1.1337, where sits the critical 200-week SMA.
Despite the ongoing rebound, the view on spot remains negative in the longer run while below the key 6-month resistance line, today at 1.1396.

EUR/USD daily chart

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