Home EUR/USD Technical Analysis: Spot looks vulnerable and still targets 1.1188
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EUR/USD Technical Analysis: Spot looks vulnerable and still targets 1.1188

  • The pair rebounded from recent 2018 lows in the vicinity of 1.1210 on Tuesday to the 1.1320 region, where sellers stepped in once again and drove spot lower.
  • Despite the bounce, EUR/USD remain fragile and still eyes a test of 1.1188, a Fibo retracement of the 2017-2018 up move.
  • On the upside, interim hurdle now aligns at yesterday’s peak at 1.1320 ahead of 1.1355 (10-day SMA) and 1.1389 (21-day SMA).

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1267
       Daily change:  -18  pips
       Daily change:  -0.160%
       Daily Open:  1.1285
Trends:
       Daily SMA20:  1.1394
       Daily SMA50:  1.1527
       Daily SMA100:  1.157
       Daily SMA200:  1.1829
Levels:
       Daily High:  1.1294
       Daily Low:  1.1216
       Weekly High:  1.15
       Weekly Low:  1.1316
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1264
       Daily Fibonacci 61.8%:  1.1246
       Daily Pivot Point S1:  1.1236
       Daily Pivot Point S2:  1.1186
       Daily Pivot Point S3:  1.1157
       Daily Pivot Point R1:  1.1314
       Daily Pivot Point R2:  1.1344
       Daily Pivot Point R3:  1.1393

 

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