EUR/USD extends losses below 1.1150

EUR/USD made new lows for the day during the New York session as the greenback strengthened over the last hours on the back of stronger-than-expected consumer confidence data.

US Consumer Confidence gauged by the Conference Board has surprised markets to the upside today, rising to 101.0 for the current month vs. 97.0 expected.

EUR/USD dropped to a fresh low of 1.1135, hitting its weakest level since Aug 12. However, the pair found support and it was last trading at 1.1143, recording a 0.39% loss on the day.

EUR/USD levels to consider

In terms of technical levels, next supports are seen at 1.1114 (200-day SMA), 1.1045 (Aug 5 low) and 1.1000 (psychological level). On the flip side, resistances could be found at 1.1216 (100-day SMA), 1.1265 (10-day SMA) and 1.1340 (Aug 26 high).