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  • EUR/USD is under pressure trading in 37-month lows.
  • The level to beat for bears is the 1.0852 support.
 

EUR/USD daily chart 

 
EUR/USD broke the 2020 low formerly located at the 1.0777 level as the broad-based USD strength is relentless. 
  

EUR/USD four-hour chart

 
The spot is pressuring the 1.0730 support while under heavy selling pressure below the main SMAs. Bears are looking for a break below the above-mentioned level which would introduce scope for an extension down to the 1.0670 and 1.0550 price levels according to the Technical Confluences Indicator.
 
  
Resistance: 1.0781, 1.0850, 1.0900
Support: 1.0730, 1.0670, 1.0550 
 
 

Additional key levels