EUR/USD technical analysis: Euro rolling into the Asian session below the 1.1016 level

EUR/USD is entering the Asian session under bearish pressure near one-month lows.
The level to beat for sellers is the 1.0995 support level.

EUR/USD daily chart

The Euro, on the daily chart, is trading in a bear trend below the main daily simple moving averages (DMAs). This Wednesday, the market is ending the day virtually unchanged.

EUR/USD four-hour chart

The market is under pressure below the 1.1016 resistance level. The spot is likely looking for an extension of the bearish move towards the 1.0995, 1.0965 and 1.0920 support levels, according to the Technical Confluences Indicator.

EUR/USD 30-minute chart

The Euro is under pressure below its main SMAs. Resistance can be seen at the 1.1016, 1.1033, 1.1056 and 1.1079 price levels, according to the Technical Confluences Indicator.

Additional key levels

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