EUR/USD Technical Analysis: Euro weak near 1.1150 level in the New York session

EUR/USD daily chart

• EUR/USD is trading in a bear trend below its main simple moving average (SMAs).

EUR/USD 4-hour chart

• EUR/USD is trading below its main SMAs suggesting a bearish bias in the medium-term.

EUR/USD 30-minute chart

• EUR/USD is trading below 1.1700 resistance and the 200 SMA suggesting a bearish bias.
• A decline can expose 1.1140/20 intraday support followed by 1.1070/50 further down.
• Resistances to the upside are seen at 1.1170 and 1.1200 level.

Additional key levels