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13 Apr 2019
EUR/USD Technical Analysis: Euro ends the week near 1.1300 figure
EUR/USD daily chart
- EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).
EUR/USD 4-hour chart
- EUR/USD is trading above the main SMAs suggesting a bullish bias in the medium-term.
EUR/USD 30-minute chart
- EUR/USD is trading above its main SMAs suggesting a bullish bias in the short-term.
- EUR/USD closed the week near 1.1300 figure. The bulls might try to recapture 1.1300 to travel towards 1.1360 resistance.
- However, the weakness of late Friday can initially expose 1.1280 and 1.1250 level to the downside.
Additional key levels