EUR/USD Technical Analysis: Room for a move to 2019 lows near 1.1020

FX Street

Updated: 20 Aug. 2019 | 11:37

EUR/USD is struggling for direction in the lower bound of the weekly range near 1.1070.
Occasional bullish attempts are expected to fail in the 1.1141/45 band, where are located the 21-day and 10-day SMAs.
While below the 55-day SMA at 1.1224, a deeper pullback to, initially 2019 lows at 1.1026 remains well on the table.

EUR/USD daily chart

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