- The pair has started the week on a positive footing in the low-1.1600s following Friday’s rejection from the 1.1720 region, coincident with December 2017 lows.
- EUR/USD has returned to the area below the key 100-day SMA, which has been broken on Thursday for the first time since December 2017.
- While above the 1.1500 neighbourhood, the pair remains poised to visit the 1.1745/50 band ahead of the 1.1790 region.
EUR/USD daily charts
Daily high: 1.1641
Daily low: 1.1618
Support Levels
S1: 1.1589
S2: 1.1554
S3: 1.1487
Resistance Levels
R1: 1.1691
R2: 1.1757
R3: 1.1792
Share
