- Spot is coming under further selling pressure so far this week, breaking below the key support at 1.1500 the figure and opening the door for a potential text of 2018 lows at 1.1299.
- Immediate target on the downside appears 1.1449 (Fibo retracement of the 2017-2018 rally) ahead of October’s low at 1.1430.
- A breach of this area of support should pave the way for another visit to YTD lows just below the 1.1300 handle.
EUR/USD
Overview:
Last Price: 1.1509
Daily change: -22 pips
Daily change: -0.191%
Daily Open: 1.1531
Trends:
Daily SMA20: 1.1599
Daily SMA50: 1.1583
Daily SMA100: 1.1627
Daily SMA200: 1.1914
Levels:
Daily High: 1.154
Daily Low: 1.1531
Weekly High: 1.1611
Weekly Low: 1.143
Monthly High: 1.1816
Monthly Low: 1.143
Daily Fibonacci 38.2%: 1.1529
Daily Fibonacci 61.8%: 1.1549
Daily Pivot Point S1: 1.1471
Daily Pivot Point S2: 1.1441
Daily Pivot Point S3: 1.1385
Daily Pivot Point R1: 1.1556
Daily Pivot Point R2: 1.1612
Daily Pivot Point R3: 1.1642
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