EUR/USD Technical Analysis: A visit to 2019 low at 1.1176 remains on the cards

• The pair is recovering part of the ground lost during last week and is now looking to regain the mid-1.1200s amidst broad-based USD weakness.
• EUR/USD is now facing the next significant at 1.1337, where sits the critical 200-week SMA.
• Despite the ongoing rebound, the view on spot remains negative in the longer run while below the key 6-month resistance line, today at 1.1396.

EUR/USD daily chart