EUR/USD Technical Analysis: Euro flirting with 1.1200 figure

EUR/USD daily chart

• EUR/USD is trading in a bear trend below its main simple moving average (SMAs).

EUR/USD 4-hour chart

• EUR/USD is trading below its main SMAs suggesting a bearish bias in the medium-term.

EUR/USD 30-minute chart

• EUR/USD is trading above 1.1700 resistance and its main SMAs suggesting a bullish bias.
• A break above 1.1190/20 resistance can open the doors to 1.1240 resistance.
• Conversely, a decline back below 1.1170 can see 1.1140/20 support revisited.

Additional key levels