EURUSD drops to 1.1595 after failing at 200-hour MA resistance

News Image
Read full story

Published: 53 minutes ago

EURUSD declined today after sellers emerged near the 200-hour moving average at 1.1634, with the session high at 1.1633 falling just short. The pair tested an upward trendline at 1.1595 but faces critical support between 1.15768-1.1586. A break below this support zone would mark the lowest level since April 7, potentially triggering further selling momentum. EUR traders should watch the resistance cluster at 1.1634-1.1638 and the key support levels for directional cues.

Nothing to see yet 😢