EUR/USD Technical Analysis: Bullish counter-attack finds resistance at 1.1250 level

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 testing the 50 SMA.

EUR/USD 30-minute chart

• The counter-trend bullish attack is finding resistance at the 1.1250 key level.
• Bears can still drive the market towards 1.1220 support.
• However, if 1.1250 gets broken then 1.1300 resistance comes into play. 

Additional key levels