On the last Friday’s session, the EURUSD fell with a barrow range and closed near the low of the day, in addition, managed to close below Thursday’s range, which suggests a strong bearish momentum.
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: a daily resistance at 1.1555, a daily resistance at 1.1459, the 10-day moving average at 1.1379 (resistance), a 2018 low at 1.1300 (resistance), a daily support 1.1236 and 100 Fibonacci expansion at 1.1189 (Support).
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