honeill
Sergeant
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On yesterday session, the EURUSD initially rallied but found enough resistance at 1.2041 to erase all its gains and closed near the low of the day, however the currency pair managed to close within Monday’s range, which suggests being slightly on the bearish side of neutral.
The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1867 (support), a daily support at 1.1829, and a daily support at 1.1753.
The currency pair continues trading above the 10, 50, and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a daily resistance at 1.2115, other daily resistance at 1.2041, a daily support at 1.1910, the 10-day moving average at 1.1867 (support), a daily support at 1.1829, and a daily support at 1.1753.