Home EUR/USD Technical Analysis: The pair appears supported near the 100-day SMA around 1.1260

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EUR/USD Technical Analysis: The pair appears supported near the 100-day SMA around 1.1260

FX Street

Updated: 4 Jul. 2019 | 09:47

EUR/USD keeps navigating the area of weekly lows in the 1.1280/70 band, just above the key 100-day SMA at 1.1259.
A deeper pullback beyond this support should see the 55-day SMA at 1.1232 retested ahead of 1.1181 (low June 18).
On the other hand, the critical resistance emerges at the 200-day SMA at 1.1335. The 10-day SMA at 1.1337 also reinforces this important hurdle.

EUR/USD daily chart

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