- EUR/USD ends the week on its low tick.
- The level to beat for bears is the 1.1014 support.
EUR/USD weekly chart
On the weekly chart, the market is trading in a bear trend below the main weekly simple moving averages (SMAs). This week EUR/USD rejected the 1.1100 handle.
EUR/USD daily chart
EUR/USD, on the daily chart, is trading in a downtrend below downward sloping 100 and 200-day simple moving averages (DMAs). This Friday, the market hit fresh weekly lows helped by the upbeat US data. The US Markit Manufacturing PMI in November (preliminary) improved to 52.2 vs. 51.5 expected.
EUR/USD four-hour chart
Additional key levels