EUR/USD at the 1.3800 level.

EUR/USD showed strongest performance for the the three weeks. The euro added around 40 pips to closing price of 1.1196. Anyway breaking 1.1235 would confirm the dominance of the bulls. Support is een at 1.1105 and resistance is located at 1.1235.
 
EUR/USD found some resistance at 1.1210 which coincides with (MA)89 on the four-hour time-frame and moved to the downside after forming a doji candlestick on the same time-frame. Whether it will continue falling depends on the fundamentals coming out today.
 
Unexpected disappointing NFP led EUR/USD to 1,1250, but the pair returned back to 1,1200 area.
Apparently Euro is also weak, since the pair could not hold above 1.1200 level, risk remains on the downside. Important support level can be seen around 1.112.
 
On the last Friday’s session the EURUSD tried to rally but found enough resistance near the 50.0% Fibonacci retracement to give back to the market all of its gains and closed near the low of the day, however closed within Thursday’s range, which suggests being slightly on the bearish side of neutral.

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

The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1207 (resistance), the 200-day moving average at 1.1173 (resistance), the 50-day moving average at 1.1138 (support) and a daily support at 1.1097.
 
EUR/USD is still testing the support at 1.1150 after the volatility caused by the NFP last week. A possible breakout below that level will likely lead to a further move to the downside towards 1.1120 - 1.1100.
 
Yesterday the EURUSD tried to rally but found enough resistance at the 200-day moving average to reverse and closed near the low of the day, in addition managed to close below the previous day range, which suggests a strong bearish momentum.

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

The key levels to watch are: a daily resistance at 1.1237, the 10-day moving average at 1.1180 (resistance), the 200-day moving average at 1.1176 (resistance), the 50-day moving average at 1.1142 (support) and a daily support at 1.1097.
 
Yesterday the EURUSD rallied with a wide range and closed near the high of the day, in addition managed to close above the previous day high, which suggests a strong bullish momentum.

The pair is trading well above the 10, 50 and the 200-day moving averages that are acting as dynamic supports.

The key levels to watch are: a daily resistance at 1.1460, a 61.8% Fibonacci retracement at 1.1347 (resistance), a daily support at 1.1237, the 10-day moving average at 1.1177 (support), and a daily support at 1.1097.
 
The euro rose against the dollar on Tuesday. By the close of the American session, EUR/USD was trading at 1.1257, gaining 0.98%. I believe that the support is now located at the level of 1.1126, the low of Thursday, and resistance is likely at the level of 1.1263 - a maximum of yesterday's trading.
 
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