D1 price is on primary bearish located below 200 period SMA and below 100 period SMA with secondary market rally:
- The price is crossing 1.1251 resistance level together with 100 peiod SMA
- EURUSD traded at its highest level in over two-months this past week
- Daily OBV touched its highest level since early January
- A close under 1.0860 on above average volume is needed to turn the outlook negative on the euro
- Nearest resistance level is 1.1251
- Key support level is 1.0461
Trend:
- D1 - ranging bearish with market rally to be started