Black Pipper

Forex Dreamers

EUR/USD: Euro bears are approaching 1.1100

The EUR/USD bears broke 1.1142/1.1129 and now the 200-SMA of the 4-hour chart is challenged. The bears will try to break the 1.1094/1.1071 support zone. Resistances are found at 1.1142/1.1129, 1.1160 and 1.1187.

Technical Levels

S1 1.1090
S2 1.1068
S3 1.1028

R1 1.1152
R2 1.1192
R3 1.1214

 

 

 

 

1 thought on “EUR/USD: Euro bears are approaching 1.1100

Leave a Reply

Your email address will not be published. Required fields are marked *