Home EUR/USD Technical Analysis: Strong resistance emerges at 1.1570/80
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EUR/USD Technical Analysis: Strong resistance emerges at 1.1570/80

  • The pair is looking to extend the rebound from last week’s lows in the 1.1430 region to levels above 1.1500 the figure.
  • Immediate hurdle aligns in the 1.1570/80 band, where converges the 21- and 55-day SMA.
  • Further upside should see the next resistance at recent tops in the 1.1620 region, which is reinforced by the 100-day SMA.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1518
       Daily change:  -13  pips
       Daily change:  -0.113%
       Daily Open:  1.1531
Trends:
       Daily SMA20:  1.1571
       Daily SMA50:  1.1584
       Daily SMA100:  1.1623
       Daily SMA200:  1.1909
Levels:
       Daily High:  1.154
       Daily Low:  1.1531
       Weekly High:  1.1622
       Weekly Low:  1.1433
       Monthly High:  1.1816
       Monthly Low:  1.1526
       Daily Fibonacci 38.2%:  1.1496
       Daily Fibonacci 61.8%:  1.1472
       Daily Pivot Point S1:  1.1453
       Daily Pivot Point S2:  1.1392
       Daily Pivot Point S3:  1.1351
       Daily Pivot Point R1:  1.1555
       Daily Pivot Point R2:  1.1596
       Daily Pivot Point R3:  1.1657

 

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