EUR/USD Technical Analysis: Extra pullbacks remain on the cards

  • EUR/USD is gradually grinding lower, putting the 1.1150 region under further pressure today.
  • The bearish view on the pair is expected to persist while below the multi-month resistance line at 1.1281 and the Fibo retracement of the 2019 drop at 1.1284.
  • Occasional bouts of buying interest are seen facing interim resistance in the 1.1180/85 band, where converge weekly highs and the 10-day/21-day SMAs.

EUR/USD daily chart

 

US Dollar Index Technical Analysis: YTD highs around 98.30 coming up next

DXY daily chart Dollar Index Spot Overview Today last price 98.18 Today Daily Change 13 Today Daily Change % 0.07 Today daily open 98.11 Trends Daily
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