Home EUR/USD technical analysis: Euro challenging the daily high near 1.1330
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EUR/USD technical analysis: Euro challenging the daily high near 1.1330

  • EUR/USD is testing the current daily and weekly high near 1.1330.  
  • 1.1350 is the level to beat for bulls.  

EUR/USD daily chart

EUR/USD is in a bear trend below its 200 simple moving averages (SMAs).  

EUR/USD 4-hour chart
 

The market is testing 1.1330 resistance while  above its main SMAs.

EUR/USD 30-minute chart

Fiber is trading at daily highs above its main SMAs. A sustained breakout above 1.1350 can lead to 1.1400 handle. On the flip side, bears need a daily close below 1.1250 to strengthen  the bear case.


Additional key levels

 

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