Currency Majors Technical Perspective |
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EUR/USD Current price: 1.3907 Holding above 1.3900 hourly charts seem exhausted despite bearish pressure remains strong. Upside correction could extend to 1.3950 strong static support also 38.2% of last down leg. With 20 SMA bearish slope and above actual price, under 1.3880 and with bigger time frames bearish, pair can approach to ascendant trend line around 1.3850 in the next hours. Support levels: 1.3880 1.3850 1.3810 Resistance levels: 1.3930 1.3960 1.4000 GBP/USD Current
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