EUR/USD Technical Analysis: Bearish view intact below the resistance line at 1.1286

• EUR/USD remains under pressure, prolonging the downside seen during last week below the key support at 1.1200 the figure.
• Further downside is expected for the time being, and therefore a new visit to 2019 lows in the vicinity of 1.1100 remains on the cards while below 1.1286, where sits the multi-month resistance line.
• Occasional bullish attempts should meet initial hurdle just below the 1.1200 mark, where aligns the 21-day and 10-day SMAs.

EUR/USD daily chart