This Tuesday, EUR/USD slumped to three-day lows on USD strength. The level to beat for sellers is the 1.0940 support, followed by the 1.0910 level. EUR/USD daily chart On the daily chart, the shared currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The Greenback has picked up some momentum this Tuesday despite the risk-off sentiment. EUR/USD four-hour chart After failing to break above the 1.1000 handle, EUR/USD broke below the 1.0960 support level. The market is consolidating the decline just above the 50 SMA on the four-hour chart. A break below 1.0940 could lead to the 1.0910 support level, according to the Technical Confluences Indicator. EUR/USD 30-minute chart EUR/USD is trading below its main SMAs, suggesting a bearish bias in the near term. The first hurdle is seen at the 1.0965/77 resistance zone, followed by the 1.1000 handle, according to the Technical Confluences Indicator. Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD: Scope For A U-Turn And See An Appreciation M-Term – CIBC Yohay Elam 3 years This Tuesday, EUR/USD slumped to three-day lows on USD strength. The level to beat for sellers is the 1.0940 support, followed by the 1.0910 level. EUR/USD daily chart On the daily chart, the shared currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The Greenback has picked up some momentum this Tuesday despite the risk-off sentiment. EUR/USD four-hour chart After failing to break above the 1.1000 handle, EUR/USD broke below the 1.0960 support level. The market is consolidating the decline just above the 50 SMA on the four-hour chart. A… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
