EUR/USD Price Analysis: Next support of note comes at 1.1000

• EUR/USD extends the multi-day pullback to the 1.1065/60 zone.
• Further weakness could see 1.1000 revisited in the near term.

EUR/USD keeps the bearish note unchanged and breaks below the key 1.1100 support to print new 2-week lows on Monday.

Further losses seem in store for the pair in the near term. That said, the continuation of the downward bias could drag the pair to the psychological 1.1000 region in the not-so-distant future.

Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0693.

EUR/USD daily chart