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5 Apr 2019
EUR/USD Technical Analysis: Choppy Friday keeps the single currency supported above 1.1200 handle
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 below its main SMAs suggesting a bearish bias in the medium-term.
EUR/USD 30-minute chart
- EUR/USD found decent support at 1.1220 near the 200 SMA.
- The level to beat for bulls is 1.1250 followed by 1.1280 resistance.
- To the downside, support is seen at 1.1200 and 1.1800 level
Additional key levels