A snippet on EUR/USD from Société Générale, says the pair continues to defend the 200 day moving average and recent low at 1.1830
- However, a meaningful bounce has remained elusive
SG add that there is a risk of further decline if 1.1830 breaks, and
- Daily Kijun at 1.2040 caps the upside
SG nominate levels:
Resistance:
- 1.2080
- 1.2040
- 1.1990
and Support:
- 1.1830
- 1.1760
- 1.1700
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Daily candles:
