EUR/USD Technical analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
EUR/USD has shown slight bearishness in the short term. After being rejected at the previous short-term resistance of 1.09500, the FX pair has moved closer to the 1.07300 support level. It is also trading below the 200-period and 100-period simple moving averages.



A sudden bullish reversal could see the overall bullish momentum continue, pushing the price above 1.09500, while continued bearishness could bring the FX pair closer to 1.06000 in the near term.
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