The EUR/USD remains above MA 200 H1.
The EUR/USD remains above MA 200 H1.
On Friday 24th, the EUR/USD was trading lower and closed the day in the red zone near the price of $1.0760. Today 27th ,it was trading in a narrow range of $1.0760-80, staying close to yesterday’s closing price. On the hourly chart, EUR/USD is still trading above the moving average line MA (200) H1 ($1.0725). The situation is similar on the four-hour chart.
Resistance levels are at: $1.0835, $1.0905, $1.0930-40
Support levels are at: $1.0705-15, $1.0615-30, $1.0550
