Home EUR/USD Technical Analysis: The pair flirts with resistance line. Targets 1.1470/80
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EUR/USD Technical Analysis: The pair flirts with resistance line. Targets 1.1470/80

  • EUR/USD is prolonging the up move so far this week and is approaching the critical barrier at 1.1400 the figure.
  • At the same time, spot is eroding the key short-term resistance line, today at 1.1392. A move beyond 1.1400 should target recent lows in the 1.1470/80 band, considered the last defense for a test of the critical 1.1500 neighbourhood.
  • A resumption of the downtrend could see last week’s lows near 1.1270 re-tested.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Today Last Price:  1.1386
       Today Daily change:  41  pips
       Today Daily change %:  0.361%
       Today Daily Open:  1.1345
Trends:
       Previous Daily SMA20:  1.1357
       Previous Daily SMA50:  1.1443
       Previous Daily SMA100:  1.1527
       Previous Daily SMA200:  1.176
Levels:
       Previous Daily High:  1.1382
       Previous Daily Low:  1.132
       Previous Weekly High:  1.1402
       Previous Weekly Low:  1.1267
       Previous Monthly High:  1.15
       Previous Monthly Low:  1.1216
       Previous Daily Fibonacci 38.2%:  1.1343
       Previous Daily Fibonacci 61.8%:  1.1358
       Previous Daily Pivot Point S1:  1.1316
       Previous Daily Pivot Point S2:  1.1287
       Previous Daily Pivot Point S3:  1.1254
       Previous Daily Pivot Point R1:  1.1378
       Previous Daily Pivot Point R2:  1.1411
       Previous Daily Pivot Point R3:  1.144

 

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