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  • 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