EUR/USD Technical Analysis: Small rebound near 1.1200 as Euro trades near multi-month’s lows

EUR/USD daily chart

• EUR/USD is trading in a bear trend below its 200-day simple moving average (SMA).
• EUR/USD took a dive after the long Easter weekend. 

EUR/USD 4-hour chart

• EUR/USD is consolidating the recent losses just above the 1.1200 figure.

EUR/USD 30-minute chart

• EUR/USD is trading below its main SMAs suggesting a bearish momentum in the short-term. 
• Bears want to continue the move down towards 1.1180/60 support as bulls will attempt to support the market above the 1.1200 figure.
• Resistances to the upside are seen at 1.1230/50 and 1.1280 level.

Additional key levels