- The pair is recovering part of the ground lost during last week and is now looking to regain the mid-1.1200s amidst broad-based USD weakness.
- EUR/USD is now facing the next significant at 1.1337, where sits the critical 200-week SMA.
- Despite the ongoing rebound, the view on spot remains negative in the longer run while below the key 6-month resistance line, today at 1.1396.
EUR/USD daily chart
Source: https://www.fxstreet.com/news/eur-usd-t ... 1904010832
