EUR/USD is still trading near a 7-week low.

The EUR/USD is trading near a 7-week low.
On Friday 24th, the EUR/USD was trading lower and closed the day in the red zone near the price of $1.0545. Today it was trading in a narrow range of $1.0540-60, staying close to a 7-week low. On the hourly chart, EUR/USD is still trading below the MA (200) H1 moving average line ($1.0650). The situation is similar on the four-hour chart.

Resistance levels are at: $1.0615-25, $1.0660-65, $1.0700-05

Support levels are at: $1.0525-35, $1.0500, $1.0480