EUR/USD at the 1.3800 level.

The fundamentals today pushed EUR/USD below the support at 1.1130 and the pair fell to the next level of support at 1.1070. If it manages to break below that level I expect a further move to the downside towards 1.1000.
 
Support: 1.1085; 1.1064;
Resistance: 1.1235; 1.1387.
 

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The EURUSD comes and visits the 200 day EMA, around the 1.1064 level and stalls there. The 1.1100 could act as support, there could be a possible bounce to the 1.1200 level.
 
The single currency marked a slight decrease against the dollar on Thursday. The euro broke the neutral two-day series and continued the negative trend from the end of last week. As a result, the support at 1.1085 was broken. Expectations, however, remain in favor of the euro and bullish sentiment. The session started at 1.1126 and closed with 21 pips lower. Bottom of the day was hit at 1.1071.
 
Yesterday the EURUSD went back and forward with a wide range again and closed in the middle of the daily range, in addition closed within the previous day range, suggesting lack of momentum.

The pair is trading below the 10-day moving average acting as dynamic resistance however is still trading above the 50 and the 200-day moving averages that are acting as dynamic support.

The key levels to watch are: The daily resistances at 1.1460, other daily resistance at 1.1237, the 10-day moving average at 1.1202 (resistance), a daily support at 1.1097, and the 200-day moving average at 1.1025 (support).
 
The US dollar rose against other major currencies on Thursday, helped by upbeat US economic data. The euro/usd fell, closing at 1.1105.
 
EUR/USD is testing the resistance at 1.1130 and in case it manages to break out above that level it will probably continue rising.
 
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The single currency marked a slight decrease against the dollar on Thursday. The euro broke neutral two-day series and continued the negative trend from the end of last week. As a result, the support at 1.1085 was pierced. Expectations, however, remain in favor of the euro and bullish sentiment. Trading starts at a price of 1.1126, and the end of the day EUR/USD lost 21 pips. The bottom of the day was hit at 1.1071.
 
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