EUR/USD Current Price: 1.3992
Neutral to Bearish Sentiment is Seen as Price finds a Bounce from the 1.4000 Handle Static Support caught at the Daily Pivot/20SMA Dynamic Resistance Area. RSI readings and Slope at “45”, along with the 20SMA Slope suggests Bearish tendencies with Price seeing the 1.3968 Daily Static Support Area where Confluence with the Hourly 200SMA is also seem. A potential Hourly 20SMA/200SMA Bearish Cross is also possible at this Price Point, with further Depreciation to the 1.3916 Area, where two “loose” Hourly Rounded-Top Formations will be Seen. Clearance through the 1.4051 Area sees 1.4103 Daily Static Resistance to 1.4135 Resistance, where an Hourly Full Double-Top Formation will be Complete.
Support levels: 1.4000 1.3868 1.3916 1.3867 1.3828
Resistance levels: 1.4051 1.4103 1.4135 1.4162 1.4186


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