Home EUR/USD Technical Analysis: Euro falls to multi-month’s lows near 1.1140 level
FXStreet News

EUR/USD Technical Analysis: Euro falls to multi-month’s lows near 1.1140 level

EUR/USD weekly chart

  • EUR/USD is trading in a bear trend below its main weekly simple moving average (SMAs).
  • EUR/USD printed a fresh 2019 at 1.1140 among broad-based USD strength.

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main SMAs.
  • A break below 1.1140 can lead to further losses towards 1.1000 level.
  • Resistance is currently seen at 1.1200 and 1.1250 level.

Additional key levels

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.