- The pair remains bid but it is struggling to extend the up move further north of the 1.1450 area on a more sustainable fashion.
- A break above last week’s tops and critical area in the 1.1500 neighbourhood is thus needed to extend the upside to October’s top beyond 1.1600 the figure.
- On the upside, the 1.1375/58 band should offer interim contention, where emerge the 21-day and 10-day SMAs, all ahead of YTD lows in the 1.1200 handle.
EUR/USD daily chart
EUR/USD
Overview:
Last Price: 1.1431
Daily change: -21 pips
Daily change: -0.183%
Daily Open: 1.1452
Trends:
Daily SMA20: 1.1374
Daily SMA50: 1.1509
Daily SMA100: 1.1561
Daily SMA200: 1.1811
Levels:
Daily High: 1.1466
Daily Low: 1.1394
Weekly High: 1.142
Weekly Low: 1.1216
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1438
Daily Fibonacci 61.8%: 1.1421
Daily Pivot Point S1: 1.1409
Daily Pivot Point S2: 1.1365
Daily Pivot Point S3: 1.1336
Daily Pivot Point R1: 1.1481
Daily Pivot Point R2: 1.1509
Daily Pivot Point R3: 1.1553
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