Home EUR/USD Technical Analysis: Single currency under pressure below 1.1250 level
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EUR/USD Technical Analysis: Single currency under pressure below 1.1250 level

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).

EUR/USD 4-hour chart

  • EUR/USD is trading below its 200 SMA suggesting bearish momentum in the medium-term.


EUR/USD 30-minute chart

  • EUR/USD is trading below its main SMAs suggesting bearish momentum in the short-term.
  • A breakdown below 1.1220 support should send EUR/USD to 1.1190 and 1.1160 level.
  • Immediate resistance is at 1.1250 and 1.1330 level.

Additional key levels

 

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