- The Michigan Consumer Sentiment Index is due at 14:00 GMT.
- The Chicago Purchasing Manager’s Index for May came in better-than-anticipated at 54.2 vs. 53.7 forecast with a limited reaction on EUR/USD.
EUR/USD daily chart
EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).
EUR/USD 4-hour chart
The euro is testing the 50 SMA.
EUR/USD 30-minute chart
EUR/USD is testing the 1.1160 resistance and the 200 SMA. A break above 1.1160 can lead to 1.1180 and 1.1200. Bears would need a daily close below 1.1140 to have a chance to reach the 2019 low at 1.1106.
Additional key levels
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