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  • EUR/USD is trading in a bear trend below the 200-period simple moving average.  
  • EUR/USD bulls lifted the market in the first part of the New York session and tested 1.1400 strong resistance.  
  • The bias remains bearish below 1.1400-1.1430 with targets at 1.1350 and the 2018 low at 1.1300 figure. A break above 1.1430 on a daily closing basis could put the bear rally on hold.  

EUR/USD 4-hour chart

Main trend:             Bearish

Resistance 1:   1.1400 figure
Resistance 2:   1.1430 October 9 low
Resistance 3:   1.1463 October 4 low
Resistance 4:   1.1500 figure and October 2 swing low  
Resistance 5:   1.1530 August 23 swing low (key level)

Support 1:   1.1350 figure
Support 2:   1.1300 current 2018 low
Support 3:   1.1200 figure  

Additional key levels at a glance:

EUR/USD

Overview:
       Last Price:  1.1395
       Daily change:  7.0  pips
       Daily change:  0.0615%
       Daily Open:  1.1388
Trends:
       Daily SMA20:  1.1461
       Daily SMA50:  1.1568
       Daily SMA100:  1.1589
       Daily SMA200:  1.1867
Levels:
       Daily High:  1.1456
       Daily Low:  1.1372
       Weekly High:  1.1456
       Weekly Low:  1.1302
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1404
       Daily Fibonacci 61.8%:  1.1424
       Daily Pivot Point S1:  1.1354
       Daily Pivot Point S2:  1.1321
       Daily Pivot Point S3:  1.1271
       Daily Pivot Point R1:  1.1438
       Daily Pivot Point R2:  1.1489
       Daily Pivot Point R3:  1.1522