- EUR/USD is trading virtually unchanged in the New York session near 1.0935.
- In the London session, the market made a fresh 2019 low at 1.0922 by a few pips.
EUR/USD daily chart
The common currency, on the daily chart, is trading in a downtrend below its main daily simple moving averages (DSMAs). The US Gross Domestic Product came in at 2% as expected. USD weakened on the news allowing EUR/USD to bounce mildly from the 2019 lows.
EUR/USD four-hour chart
The market is hovering near the 2019 low above the 1.0940 support level. A break below 1.0940 could lead to the 1.0890 price level, according to the Technical Confluences Indicator.
EUR/USD 30-minute chart
The Euro/Dollar exchange rate is trading between the 50 and 100 SMA, suggesting a consolidation in the near term. If the market tries to break above the 1.0966 resistance it can expose the 1.1000 figure, according to the Technical Confluences Indicator.
Additional key levels
Share
