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EUR/USD Technical Analysis: Euro trading below 1.1330 in the New York session

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 finding strong resistance near 1.1330 level.

EUR/USD 30-minute chart

  • The trading range of the last 3 days should remain intact between the 1.1280 and 1.1330 level in the New York session.
  • Bears will need a break below 1.1280 to reach 1.1250 and 1.1220 if they gather enough steam.
  • Key resistance is at 1.1330 followed by 1.1360 level.

Additional key levels

 

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