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  • EUR/USD is on the defensive near 2-week lows.
  • The levels to beat for sellers are the 1.1067 and 1.1027 levels.  
 
 

EUR/USD daily chart

 
On the daily time-frame, the common currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The market is under pressure at 2-week lows.

EUR/USD 4-hour chart

 
The Fiber is trading below 1.1090 resistance and its main SMAs, suggesting a bearish bias in the medium term. Bears need a break below 1.1067 (last week low) to reach 1.1027 and the 1.0970 level to the downside.

 

EUR/USD 30-minute chart

 
The market is trading below its main SMAs, suggesting a bearish bias in the near term. Immediate resistances are seen at the 1.1090, 1.1107 and 1.1132 levels, according to the Technical Confluences Indicator.  
 

   

Additional key levels