Home EUR/USD Technical Analysis: Downside risk below 1.1360 level as bears are taking the lead
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EUR/USD Technical Analysis: Downside risk below 1.1360 level as bears are taking the lead

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • EUR/USD is currently trapped between the 1.1300 and 1.1400 levels.

EUR/USD 4-hour chart

  • EUR/USD is trading in a neutral range but the downside risk is increasing.  

EUR/USD 30-minute chart

  • Once again, EUR/USD bumped into the 1.1360 resistance and  the 200 SMA.
  • Failure to break above the level should lead to a slow grind to 1.1320 and possibly to 1.1280 by early Friday.

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.135
       Today Daily change:  12  pips
       Today Daily change %:  0.106%
       Today Daily Open:  1.1338
Trends:
       Previous Daily SMA20:  1.1353
       Previous Daily SMA50:  1.1434
       Previous Daily SMA100:  1.1523
       Previous Daily SMA200:  1.1755
Levels:
       Previous Daily High:  1.1419
       Previous Daily Low:  1.1318
       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%:  1.1357
       Previous Daily Fibonacci 61.8%:  1.138
       Previous Daily Pivot Point S1:  1.1298
       Previous Daily Pivot Point S2:  1.1258
       Previous Daily Pivot Point S3:  1.1197
       Previous Daily Pivot Point R1:  1.1398
       Previous Daily Pivot Point R2:  1.1459
       Previous Daily Pivot Point R3:  1.1499

 

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