- EUR/USD is gradually grinding lower, putting the 1.1150 region under further pressure today.
- The bearish view on the pair is expected to persist while below the multi-month resistance line at 1.1281 and the Fibo retracement of the 2019 drop at 1.1284.
- Occasional bouts of buying interest are seen facing interim resistance in the 1.1180/85 band, where converge weekly highs and the 10-day/21-day SMAs.
Trend: Extremely Bearish
EUR/USD daily chart
Source: https://www.fxstreet.com/news/eur-usd-t ... 1905230658
