- EUR/USD bear trend remains, for now, intact as sellers remain in control near 34-month lows.
- EUR/USD is ticking up after slightly disappointing Retail Sales data from the US.
EUR/USD weekly chart
EUR/USD broke down to levels not seen since April 2017. The market is trading below its main weekly simple moving averages (SMAs) suggesting a bearish bias in the long term.
EUR/USD daily chart
EUR/USD is trading in a weak bear trend below its main daily simple moving averages (SMAs) as the quote is under pressure near 34-month lows.
EUR/USD four-hour chart
Resistance: 1.0882, 1.0930, 1.0984
Support: 1.0826, 1.0800, 1.0756
Additional key levels