EUR/USD Technical Analysis: Euro ending the week near 1.1330 level

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its main simple moving averages.

EUR/USD 4-hour chart

EUR/USD is between the 50 and 100 SMA which suggests a consolidation phase.

EUR/USD 30-minute chart

EUR/USD is trading in a tight trading range between 1.1320 and 1.1360 level.
Bulls would need a breakout above 1.1360 to reach 1.1380 and 1.1400 to the upside.
A break below 1.1320 can open the doors to 1.1280 level.

Additional key levels:

Author

Flavio Tosti

Independent Analyst

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