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