Below is the technical chart of EURUSD. Time frame used is H4. Technical charts used are Doda Donchian, Doda-Bollinger Bands, Ichimoku and ADX Candles technical indicators.
After trying for little upward movement last week, EURUSD failed to cross Kumo as shown in above chart.
Then, it started its downward journey again, followed by Doda-Donchian and Doda-Bollinger Bands indicator.
Even at this stage, the chart is weak and is in a downtrend.
The weekly EURUSD chart indicates that it will take some support at 1.6792
Major Support Levels for EURUSD
1.17596
1.17423
1.17143
Major Resistance Levels for EURUSD
1.18155
1.18328
1.18607
