Home EUR/USD Technical Analysis: Spot remains under pressure. Scope for a test of 1.1320
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EUR/USD Technical Analysis: Spot remains under pressure. Scope for a test of 1.1320

  • EUR/USD comes under renewed selling pressure on Wednesday and is testing the critical support at 1.1400 the figure.
  • The continuation of the downbeat mood should see the critical 200-week SMA in the 1.1320 area retested.
  • Further south lies the 2018 low at 1.1299. The downside sentiment is also reinforced after the pair broke below the daily cloud earlier in the month.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1409
       Daily change:  -1.2e+2  pips
       Daily change:  -1.06%
       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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