On the last Friday’s session, the EURUSD initially fell but found enough buying pressure near 1.1432 (October low) to reverse and closed near the high of the day, however, managed to close within Thursday’s range, which suggests being slightly on the bullish side of neutral.
The currency pair is trading below the 10, 50 and the 200-day moving averages, all should provide a dynamic resistance.
The key levels to watch: daily resistance at 1.1829, 61.8 Fibonacci expansion at 1.1795 (resistance), daily resistance at 1.1753, a key level at 1.1684 (resistance), the 50-day moving average at 1.1605 (resistance), a daily resistance at 1.1555, the 10-day moving average at 1.1533 (resistance) and a daily resistance at 1.1459 and a 2018 low at 1.1300 (support).
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