The EUR/USD still trading near 5-week low
Yesterday 16th the EUR/USD traded lower and closed the day in the red zone near the price of $1.0860. Today 17th, it was trading in a narrow range of $1.0860-70, staying close to a 5-week low. On the hourly chart, EUR/USD is still trading below the moving average MA (200) H1 ($1.0945). The situation is similar on the four-hour chart.
- Resistances levels are at: $1.0905, $1.0935-45, $1.0995-05
- Support levels are at: $1.0830-45, $1.0790, $1.0745
