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EUR/USD Technical Analysis: Euro starts 2019 by losing 200 pips

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 50 and 200-period simple moving average (SMA).

EUR/USD 4-hour chart

  • EUR/USD rejected the 1.1600 and 1.1500 psychological levels in less than 24 hours.
  • It is now challenging the 1.1400 figure and the 100 SMA.  

EUR/USD 30-minute chart

  • EUR/USD is sliding down as it rejected the 50, 100 and 200 SMA.  
  • The path of least resistance suggests a continuation of the bear move towards 1.1365 and 1.1340 supports

 

Additional key levels:

EUR/USD

Overview:
       Today Last Price:  1.1398
       Today Daily change:  -75  pips
       Today Daily change %:  -0.654%
       Today Daily Open:  1.1473
Trends:
       Previous Daily SMA20:  1.1387
       Previous Daily SMA50:  1.1372
       Previous Daily SMA100:  1.148
       Previous Daily SMA200:  1.1662
Levels:
       Previous Daily High:  1.1586
       Previous Daily Low:  1.1446
       Previous Weekly High:  1.1478
       Previous Weekly Low:  1.1343
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Previous Daily Fibonacci 38.2%:  1.1532
       Previous Daily Fibonacci 61.8%:  1.15
       Previous Daily Pivot Point S1:  1.1418
       Previous Daily Pivot Point S2:  1.1362
       Previous Daily Pivot Point S3:  1.1278
       Previous Daily Pivot Point R1:  1.1556
       Previous Daily Pivot Point R2:  1.164
       Previous Daily Pivot Point R3:  1.1696

 

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