EUR/USD technical analysis: Euro prints fresh weekly lows near 1.1220

The level to beat for bears is 1.1200.
EUR/USD is testing the 50 DSMA near 1.1220.

Flavio Tosti Independent Analyst

EUR/USD daily chart

EUR/USD is trading in a bear trend below its 100 and 200-day simple moving average (DSMA). The market is testing the 50 DSMA at 1.1220.

EUR/USD 4-hour chart

The market broke below 1.1250 and is currently approaching the 1.1200 handle. After it comes the 1.1160 support if the bears gather enough steam. Resistance is at 1.1250 and 1.1280.

Additional key levels

EUR/USD

Overview
Today last price	1.122
Today Daily Change	-0.0056
Today Daily Change %	-0.50
Today daily open	1.1276

Trends
Daily SMA20	1.1217
Daily SMA50	1.122
Daily SMA100	1.1273
Daily SMA200	1.1363

Levels
Previous Daily High	1.1304
Previous Daily Low	1.1268
Previous Weekly High	1.1348
Previous Weekly Low	1.116
Previous Monthly High	1.1266
Previous Monthly Low	1.1107
Daily Fibonacci 38.2%	1.1282
Daily Fibonacci 61.8%	1.1291
Daily Pivot Point S1	1.1261
Daily Pivot Point S2	1.1247
Daily Pivot Point S3	1.1225
Daily Pivot Point R1	1.1297
Daily Pivot Point R2	1.1319
Daily Pivot Point R3	1.1333

Author

Flavio Tosti

Independent Analyst

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