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  • EUR / USD is declining, but remains above MA (200)
Technical Analysis
22.05.2020, 10:59

EUR / USD is declining, but remains above MA (200)

Today, the EUR/USD pair is trading with a decline, having lost all the positions won this week. The pair fell to $1.0885, after rising during the week from $1.0800 to $1.1010. Despite the decline, on the hourly chart, the pair remains slightly above the moving average line MA (200) H1 ($1.0880) and on the four-hour chart above MA (200) H4 ($1.0870)


Resistance levels are at: $1.0925, $1.0975, $1.1010-20

Support levels are at: $1.0880, $1.0825, $1.0765

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