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UncategorizedThe EUR/USD continued Friday’s decline

The EUR/USD continued Friday’s decline

The EUR/USD continued Friday’s decline,

On Friday, the EUR/USD traded lower and closed the day in the red around $1.0840. Today it also fell a little, dropping to $1.0790. On the hourly chart, EUR/USD is testing the strength of the support – the line of the moving average MA (200) H1 ($1.0830). On the four-hour chart, the EUR/USD is still above the MA 200 H4 line.

  • Resistances level are at: $1.0900, $1.0925-40, $1.0965
  • Support levels are at: $1.0775, $1.0745, $1.0705-15
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