EUR/USD Technical Analysis: Fiber on the back foot below 1.1400 handle

EUR/USD daily chart

• EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).

EUR/USD 4-hour chart

• EUR/USD is trading above its main SMAs suggesting bullish momentum in the medium-term.

EUR/USD 30-minute chart

• EUR/USD is trading between the 100 and 200 SMAs suggesting a consolidation phase in the short-term. 
• To the downside, EUR/USD can reach 1.1370 and 1.1340 support.
• Resistance is at 1.1400 and 1.1420 level.

Additional key levels