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  • The market is consolidating the recent gains above the 1.1075 level.
  • Resistances can be seen at the 1.1110 and 1.1150 levels.  

EUR/USD daily chart

The Fiber, on the daily chart, is trading in a downtrend below downward sloping 100 and 200-day simple moving averages (DMAs).

EUR/USD four-hour chart

The market is trading above the 1.1075 level and the main SMAs. As the bullish pressure remains present above 1.1075, there is the potential for a move up to the 1.1110 and 1.1150 levels, according to the Technical Confluences Indicator.  

EUR/USD 30-minute chart

EUR/USD is trading above its main SMAs, suggesting a bullish bias in the near term. Support is seen at the 1.1075, 1.1050 and 1.1032 price levels.


Additional key levels