- USD is gaining strength across the board therefore sending EUR/USD down.
- EUR/USD is close to the 2019 low at 1.1106.
EUR/USD daily chart
EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).
EUR/USD 4-hour chart
Fiber is below its main SMAs suggesting bearish momentum in the medium term.
EUR/USD 30-minute chart
EUR/USD is drifting down as it trying to break below 1.1140 support. The market is trading below its main SMAs as the bears keep the selling pressure. A breakdown below 1.1140 can open the way to 1.1110 support to the downside. Resistance is at 1.1180 and 1.1200 levels.
Additional key levels
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