Looking at EUR/USD Chart, we can see in the past hours, the rate of EUR/USD fluctuated between the range of 1.1320 and 1.1265 whereas the current rate is at around 1.1284.
The current trend of EUR/USD seems to be on a downward trend, so today we could expect the rate to test its support level at around 1.1265 and if managed to bounce back then it should rise towards its strong resistance level at around 1.13-1.1320.
If not able to hold it above its support level, then it should be expected to drop towards its next strong support level at around 1.1190.
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