EUR/USD technical analysis: Fiber under pressure below 1.1300 in the New York session

• Euro remains under selling pressure below the 1.1320 resistance.
• The level to beat for bears are seen at 1.1260 and 1.1220 support.

EUR/USD daily chart
EUR/USD is under pressure while being near its lowest levels in 8 days.

EUR/USD 4-hour chart
Euro is trading below 1.1320 resistance and its 50/100 SMA. Sellers intend to drive the market towards 1.1260 and 1.1220, according to the Technical Confluences Indicator.

EUR/USD 30-minute chart
The currency pair is trading below its main SMAs, suggesting bearish momentum in the short term. Resistances can be seen near 1.1320, 1.1348 and the 1.1375 level, according to the Technical Confluences Indicator.

Additional key levels