Underlying bearish view unchanged below 1.1432

  • EUR/USD appears to have met strong resistance in the low-1.1300s following last week’s new YTD lows in the 1.1180 region.
  • The ongoing up move is seen facing the next relevant hurdle in the 1.1370 region, where coincide the 55-day and 100-day SMAs.
  • On the broader picture, the pair’s outlook is expected to remain intact while below the 5-month resistance line, today at 1.1432.

EUR/USD daily chart


    Today Last Price: 1.1332
    Today Daily change: 25 pips
    Today Daily change %: 0.04%
    Today Daily Open: 1.1328
    Daily SMA20: 1.1318
    Daily SMA50: 1.1369
    Daily SMA100: 1.137
    Daily SMA200: 1.1492
    Previous Daily High: 1.134
    Previous Daily Low: 1.1278
    Previous Weekly High: 1.1388
    Previous Weekly Low: 1.1176
    Previous Monthly High: 1.1489
    Previous Monthly Low: 1.1234
    Daily Fibonacci 38.2%: 1.1316
    Daily Fibonacci 61.8%: 1.1301
    Daily Pivot Point S1: 1.129
    Daily Pivot Point S2: 1.1253
    Daily Pivot Point S3: 1.1228
    Daily Pivot Point R1: 1.1352
    Daily Pivot Point R2: 1.1377
    Daily Pivot Point R3: 1.1414


Source link

Leave a Reply

error: Content is protected !!