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EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its main simple moving average (SMAs).

EUR/USD 4-hour chart

  • 1.1200 figure is an important level of interest.  
  • Bulls would need to break above it in order to claim extra gains.  

EUR/USD 30-minute chart

  • EUR/USD gaped down on Sunday evening but bulls quickly showed up.
  • The 50 SMA crossed above the 100 SMA while the market is trying to break above the 1.1200 handle. A break above the level can lead to 1.1220 and 1.1250 level.
  • Support is seen at 1.1170 and 1.1140 level.

Additional key levels