- EUR/USD is hovering near the daily lows as bears challenge the 1.1215 level.
- The level to beat for bears is at 1.1215 followed by 1.1160 to the downside.
EUR/USD daily chart
EUR/USD is in a bear trend below the 1.1300 handle and its main daily simple moving average (DSMA). ECB’s Villeroy dovish comments are keeping the sentiment negative on EUR. On the other hand, US Retail Sales in June came better-than-expected strengthening the USD. Market participants are going to pay close attention the Fed’s chair Powell speech at 17.00 GMT.
EUR/USD 4-hour chart
EUR/USD is trading near 1.1215 support while below its main SMAs. The bears want to break below this level to potentialy reach 1.1160, according to the Technical Canfluences Indicator.
EUR/USD is trading at daily lows near 1.1215 support below the main SMAs, all-in-all suggesting a bearish bias. Immediate resistances are seen near 1.1250 and 1.1320.
Additional key levels
|Today last price||1.1214|
|Today Daily Change||-0.0044|
|Today Daily Change %||-0.39|
|Today daily open||1.1258|
|Previous Daily High||1.1286|
|Previous Daily Low||1.1253|
|Previous Weekly High||1.1286|
|Previous Weekly Low||1.1193|
|Previous Monthly High||1.1414|
|Previous Monthly Low||1.116|
|Daily Fibonacci 38.2%||1.1265|
|Daily Fibonacci 61.8%||1.1273|
|Daily Pivot Point S1||1.1246|
|Daily Pivot Point S2||1.1233|
|Daily Pivot Point S3||1.1214|
|Daily Pivot Point R1||1.1278|
|Daily Pivot Point R2||1.1298|
|Daily Pivot Point R3||1.1311|
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