EUR/USD at the 1.3800 level.

The pair formed a hanging man candlestick below the resistance at 1.0900 on the daily time-frame and moved to the downside again, but range isn't over yet. Perhaps next week it will finally be able to break below 1.0800 - 1.0780.
 
On the last Friday’s session the EURUSD plunged and closed well in the red, near the low of the day, in addition managed to close within the previous day range, suggesting a weak bearish momentum.

The pair closed below the 10 and the 50-day moving averages that now are acting as a dynamic resistance.

The key levels to watch are: The previous swing high at 1.0975 (resistance), 10-day moving average at 1.0877 (resistance), the 50-day moving average at 1.0851 (resistance) and a swing low at 1.0712 (Support).
 
The euro recorded a losing session against the dollar on Friday. The single currency ended the week at lower levels, bringing the pair close to the support at 1.0769. If the negative momentum continues, the key level will be overcome and the new goal of currencies will be the second support at 1.0707. Session on Friday started at a price of 1.0872 as the bear trend was leading from the start and dominated throughout. Bottom of the day was hit at 1.0789 and the finish line was crossed only 6 pips higher.
 
EUR/USD is still in a sideways range, trade within the Bollinger bands. The next support is seen on 1.0800. Resistance - 1.0900.
 
Eur/Usd is back to it's range between 1.0800 to 1.0900 and bouncing off 1.0810/40 zone. There are probably no change in ranging for the week.
 
Eur/Usd is back to it's range between 1.0800 to 1.0900 and bouncing off 1.0810/40 zone. There are probably no change in ranging for the week.

Range is becoming tighter and tighter, it has to end sooner or later and when it does we can likely expect a big move to the downside.
 
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