FX.co ★ Technical analysis of EUR/USD for May 05, 2020

As a result, it is gainful to sell below this price of 1.0907 with targets at 1.0727 and 1.0636. Moreover, the bearish trend is still expected for the upcoming days as long as the price is below the level of 1.1020.

Daily Technical level:

• Major resistance: 1.1020
• Minor resistance: 1.0907
• Intraday pivot point: 1.0839
• Minor support: 1.0725
• Major support: 1.0636