EUR/USD breaks down the range and falls to 1.1300

FXStreet (San Francisco) - After trading sideways in between 1.2325 and 1.1380 throughout the European session, EUR/USD has just broken the range for the downside and is now testing the 1.1300.

Currently, EUR/USD is trading at 1.1321, down 0.50% on the day, having posted a daily high at 1.1384 and low at 1.1307. EUR/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.

EUR/USD levels

Below 1.1300, the EUR/USD will find supports at 1.1260, 1.1220 and 1.1200. To the upside, resistances are at 1.1325, 1.1375 and 1.1400.