- EUR/USD bullish reversal from 34-month lows remains intact.
- The level to beat for bulls is the 1.1006 resistance.
EUR/USD daily chart
The euro is trading in a downtrend below its main daily simple moving averages (SMAs). However, the spot is reversing up sharply from 34-month lows while challenging the 50 and 100 SMA this Friday.
EUR/USD four-hour chart
Resistance: 1.1006, 1.1047, 1.1085
Support: 1.0960, 1.0915, 1.0880
Additional key levels