- The EUR is bouncing in Thursday’s Asian session, but the pair remains steeply bearish.
- The EUR/USD has marked in a new low for 2018 every day for four trading days straight.
- Thursday’s thin economic calendar sees overall market sentiment in control of the major pair.
Spot rate: | 1.1385 |
Relative change: | 0.35% |
High: | 1.1390 |
Low: | 1.1335 |
Trend: | Bearish |
Support 1: | 1.1335 (current day low) |
Support 2: | 1.1300 (major technical level; current week low) |
Support 3: | 1.1258 (S3 daily pivot) |
Resistance 1: | 1.1432 (current week high) |
Resistance 2: | 1.1500 (major technical level) |
Resistance 3: | 1.1627 (previous week high) |