EUR/USD Technical Analysis: Bearish view unchanged, still targets 2019 lows around 1.1180

• The offered bias stays unchanged around the pair so far this week, opeining the door at the same time for a move lower.
• Further losses are thus in the pipeline and now target the so far 2019 low at 1.1176 seen in early March.
• Occasional bullish attempts are expected to meet the initial target of relevance at the critical 200-week SMA at 1.1337.
• In the broader picture, the negative outlook on EUR/USD is seen intact while below the 5-month resistance line, today at 1.1401.

EUR/USD daily chart