EUR/USD below its 200 DMA again

By FXstreet.com | July 02, 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).



comments powered by Disqus
Related Forex Analysis
  1. Markets Brace for More Volatility on ECB TLTRO, Scotland Referendum
    Forex News

    Markets Brace for More Volatility on ECB TLTRO, Scotland Referendum

  2. USD/JPY unstoppable; 109.00 within reach
    Forex News

    USD/JPY unstoppable; 109.00 within reach

  3. British Pound: Scottish Vote is Close and FX Traders are Nervous
    Forex News

    British Pound: Scottish Vote is Close and FX Traders are Nervous

  4. EUR/USD on mend, but sky is still clouded
    Forex News

    EUR/USD on mend, but sky is still clouded

  5. Asia Recap: Focus shifted to Scottish vote
    Forex News

    Asia Recap: Focus shifted to Scottish vote

Trading Center