EUR/USD is struggling to break 20 day HMA, decline till 1.0660 is possible

• RES 4: 1.100

• RES 3: 1.0980 (cloud bottom)

• RES 2: 1.0930 (Cloud top)

• RES 1:1.0885 (7 day HMA)

      PRICE: 1.08556 @ 12:18 GMT 

• SUP 1 :1.0850

• SUP 2: 1.06580 (Apr 21^st low)

• SUP 3: 1.05482 (Apr 13^th low)

• Sup 4: 1.0460 (Mar 13^th low)

Commentary:

EUR/USD is struggling to break above 1.0930 and this confirms short term weakness, a decline till 1.0800/1.0660 cannot be ruled out .

It is good to sell on rallies around 1.0890 with stop around 1.0930 for the target of 1.0800/1.0660.