EUR/USD below its 200 DMA again

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - EUR/USD is trading at 1.3652, down -0.20% on the day, having posted a daily high at 1.3683 and low at 1.3642.



The FXStreet OB/OS Index is reflecting neutral hourly conditions after a considerable drop post the best ADP survey we have seen in almost 2 years.
EUR/USD is noteworthy here as it is back below its 200 DMA once again. Currently RSI is at 42.97, up from the last hourly print at 34.12, with ADX at 11.64, down from its previous close at 17.83.



EUR/USD Levels



Current price is 1.3652, with resistance ahead at 1.3655 (Hourly 100 SMA), 1.3660 (Daily Classic S2), 1.3667 (Hourly 20 EMA), 1.3670 (Daily Classic S1) and 1.3674 (Daily 200 SMA). Next support to the downside can be found at 1.3645 (Daily Classic S3), 1.3642 (Daily Low), 1.3631 (Hourly 200 SMA), 1.3627 (Daily 20 SMA) and 1.3625 (Weekly Classic PP).



You May Also Like

Related Forex Analysis
  1. Forex News

    Fed has restored investor’s confidence - FXStreet

  2. Forex News

    EUR/USD downside fully exposed

  3. Forex News

    US dollar rally set to extend further - BTMU

  4. Forex News

    EM developments worth noting - BBH

  5. Forex News

    Greenback giving back in US shift - TDS

Trading Center