EUR/USD Technical Analysis: Euro falls to multi-month’s lows near 1.1140 level

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EUR/USD weekly chart

  • EUR/USD is trading in a bear trend below its main weekly simple moving average (SMAs).
  • EUR/USD printed a fresh 2019 at 1.1140 among broad-based USD strength.

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main SMAs.
  • A break below 1.1140 can lead to further losses towards 1.1000 level.
  • Resistance is currently seen at 1.1200 and 1.1250 level.

Additional key levels

 

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