On yesterday session, the EURUSD fell with a narrow range but found enough support at the 10-day moving average to trim some of its losses and managed to close in the middle of the daily range, however closed below Fridays low, which suggests a bearish momentum.
The currency pair is trading above the 10 and 50-day moving averages should act as a dynamic supports but remains trading below the 200-day moving average that also should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0819, a key level at 1.0666 (resistance), a daily resistance at 1.0622, the 10-day moving average at 1.0586 (support), the 50-day moving average at 1.0556 (support) and a daily support at 1.0462.
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