Rich Pinga

The EUR/USD continued yesterday’s decline

Yesterday the EUR/USD was trading lower and closed the day in the red zone near the price of $1.0770. Today it also fell a little, dropping to $1.0760. On the hourly chart, EUR/USD is still trading below the MA (200) H1 moving average line ($1.0895). The situation is similar on the four-hour chart.

  • Resistances levels are at: $1.0820, $1.0845, $1.0875
  • Support levels are at: $1.0745-60, $1.0745, $1.0705-15

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