- The 30-pip jump happened a few minutes before UK PM May delivered her speech.
- EUR/USD is regaining strength but can it sustain prices above 1.1180 resistance?
EUR/USD daily chart
EUR/USD is trading in a bear trend below its main simple moving averages (SMAs).
EUR/USD 4-hour chart
EUR/USD is trading below its main SMAs suggesting a bearish bias in the near term.
EUR/USD 30-minute chart
EUR/USD reached the 1.1180 resistance and the 200 SMA. The currency pair is showing signs of strength. A break above 1.1180 can lead to 1.1200 and 1.1220. Support is at 1.1160 and 1.1150 level.
Additional key levels