HomeContributorsTechnical AnalysisEURUSD Intraday Bearish Below 1.1410 Level

EURUSD Intraday Bearish Below 1.1410 Level

The euro currency is back under downside pressure against the US dollar following another failed attempt at the 1.1430 resistance level. The EURUSD pair is intraday bearish while trading below the 1.1410 level and may weaken towards the 1.1356 level. The Moving Average Convergence Divergence indicator on the four-hour time frame is also started to trend lower.

The EURUSD pair is bearish while trading below the 1.1410 level, key technical support is found at 1.1356 and 1.1330 levels.

If the EURUSD pair trades above the 1.1410 level, buyers may test towards the 1.1438 and 1.1455 levels.

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