- EUR/USD is consolidating sideways near 34-month lows as the new week is kicking off.
- The level to beat for bears is the 1.0826 support.
EUR/USD daily chart
EUR/USD is trading in a bear trend below the main daily simple moving averages (SMAs) as the quote under strong selling pressure near 34-month lows. The spot is trading below the 2019 lows. NY Empire State Manufacturing Index jumps to 12.9 in February vs. 5 expected.
EUR/USD four-hour chart
Resistance: 1.0830, 1.0880, 1.0925
Support: 1.0796, 1.0752, 1.0700
Additional key levels