On yesterday session, the EURUSD fell with a wide range and closed near the low of the day, although the currency pair closed within Friday’s range, which suggests being on the bearish side of neutral.
The currency pair is trading below the 10-day moving average that should provide dynamic resistance however is still trading above the 50 and 200-day moving averages that should provide dynamic support.
The key levels to watch are: a Fibonacci extension at 1.1373 (resistance), other Fibonacci extension at 1.1291 (resistance), a daily resistance at 1.1237, the 10-day moving average at 1.1193 (resistance), a daily support at 1.1097, the 50-day moving average at 1.1087 (support), swing high at 1.1021 (support) and a key level at 1.0970 (support).