Home EUR/USD Technical Analysis: Short-term support can lift Euro to 1.1440 resistance
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EUR/USD Technical Analysis: Short-term support can lift Euro to 1.1440 resistance

EUR/USD 4-hour chart

  • EUR/USD is trading below the 200-period simple moving average on the 4-hour chart.  
  • The next main target to the downside for the coming days remains at the 1.1350 level.  

EUR/USD 30-minute chart

  • EUR/USD found some short-term support at 1.1400 figure above the 200 SMA on the 30-minute chart.
  • Technical indicators such as RSI and MACD have been pretty much oversold while MACD is slowly picking up steam.  
  • Traders should expect a test of 1.1440 before the resumption of the bear trend.

Additional key levels at a glance:

EUR/USD

Overview:
       Last Price:  1.141
       Daily change:  -42  pips
       Daily change:  -0.367%
       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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