Euro challenging the daily high near 1.1330

  • EUR/USD is testing the current daily and weekly high near 1.1330. 
  • 1.1350 is the level to beat for bulls. 

EUR/USD daily chart

EUR/USD is in a bear trend below its 200 simple moving averages (SMAs). 

EUR/USD 4-hour chart
 

The market is testing 1.1330 resistance while above its main SMAs.

EUR/USD 30-minute chart

Fiber is trading at daily highs above its main SMAs. A sustained breakout above 1.1350 can lead to 1.1400 handle. On the flip side, bears need a daily close below 1.1250 to strengthen the bear case.


Additional key levels