EUR/USD closes the day near lows

EUR/USD ended Tuesday pretty much unchanged after being rejected from the 100-day SMA and dragged lower by a stronger dollar on the back of renewed Brexit fears.

EUR/USD pulled back from a peak of 1.1174 and slid all the way towards the 1.1120 area before finding support and settling in a range nearby. At time of writing, the pair is trading at 1.1126, just a few pips below its opening price.

Following the long-weekend in the US, investors now gear up for the European Central Bank meeting on Thursday, with no changes expected in monetary policy, and an OPEC meeting ahead of the US employment report on Friday.

EUR/USD levels to watch

As for technical levels, next supports are seen at  1.1097 (May 30 low),  1.1057 (Mar 16 low) and 1.1024 (Mar 7 low).On the other hand, resistances could be found at 1.1174 (100-day SMA), 1.1200 (May 27 high/psychological level) and 1.1242 (May 23 high).