The EUR/USD is trading near the highs of February

Yesterday the EUR/USD traded higher and closed the day in the positive territory around $1.0990. Today it was trading in a narrow range of $1.0985-05, staying close to the February highs. On the hourly chart, EUR/USD is still trading above the moving average line MA (200) H1 ($1.0910). The situation is similar on the four-hour chart.

• Resistance levels are at: $1.1005, $1.1025-30, $1.1055
• Support levels are at: $1.0960, $1.0915-20, $1.0880