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EUR/USD Technical Analysis: Euro ends the week just above 1.1200 handle

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).

EUR/USD 4-hour chart

  • EUR/USD is trading below its main SMAs suggesting a bearish bias in the medium-term.


EUR/USD 30-minute chart

  • EUR/USD is trading below its main SMAs suggesting a bearish bias in the short-term. 
  • Bears will be looking at 1.1200 figure and 1.1180 to the downside. 
  • Resistance is at 1.1220 and 1.1250 level


Additional key levels

 

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