On Monday, the EUR/USD was trading in the range between 1.16 and 16.50 levels.
The Euro is stranded between the 55- and 100-hour SMAs in this session.
On Thursday, the EUR/USD currency exchange rate continued its retreat after bouncing off the resistance of the 1.16 mark.
On Wednesday, the EUR/USD pair had extended its surge. Moreover, the rate had touched the 1.16 mark during the morning hours of the day's trading session.
On Tuesday morning the EUR/USD pair was surging, as the break out, which was speculated on Monday had occurred.
On Monday morning the surge of the EUR/USD was stopped by the resistance of the 200-hour simple moving average.
On Friday morning the common European currency continued its slight recovery against the US Dollar.
On Thursday morning the common European currency slightly recovered against the US Dollar.
By the middle of Wednesday's trading session the EUR/USD pair had encountered support at the 1.1325 mark. However,
On Tuesday the common European currency traded against the US Dollar near the previous day's levels.
On Monday morning the common European currency booked a new low level, as the EUR/USD currency rate fell down to a support level at 1.1365.
Euro plunges due to ECB remarks on EU bank's exposure to the weak Turkish Lira.
EUR/USD remained stable on Wednesday, as it was pressured from both sides by SMAs.
The common European currency is gradually gaining strength against the US Dollar as the pair reached the 1.1625 mark during the morning hours of Wednesday's session.
EUR/USD remained relatively calm during the morning hours of today's session.
Decline for the currency pair continues on Monday morning.
The EUR/USD reveals new junior descending channel on Friday.
The Eurozone single currency continues to depreciate against the US Dollar. The exchange rate has reached near a significant support level near the 1.1680mark.
The EUR/USD currency exchange rate was stranded between SMAs and pivot points during the morning hours.
The currency exchange rate is gradually moving towards a resistance set by the weekly pivot point near the 1.1732 mark.
EUR/USD relatively calm during the Asian session.
Downside potential is still apparent for EUR/USD in this session.
The Euro is approaching weekly resistance at 1.1750.
Bearish momentum should still be the dominant force today.