HomeContributorsTechnical AnalysisEURUSD 1.1190 Major Support

EURUSD 1.1190 Major Support

The euro currency is testing pivotal intraday support against the US dollar after the pair found strong technical resistance from its 200-period moving average on the four-hour time frame. Continued weakness below the 1.1190 level may prompt the EURUSD pair to test the key 1.1165 support level. Technical indicators on the four-hour time frame are starting to turn lower which may signal continued intraday weakness.

The EURUSD pair is only bullish while trading above the 1.1190 level, key technical resistance is found at the 1.1235 and 1.1265 levels.

If the EURUSD pair trades below the 1.1190 level, key technical support is found at the 1.1165 and 1.1135 levels.

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