- The multi-day recovery in the EUR/USD has run out of steam in the 1.1480 region, coincident with the key 100-day SMA.
- The 1.1500/50 band remains a formidable barrier for EUR-bulls in the near/medium term. This area of resistance is also reinforced by the proximity of the top of the daily cloud.
- In the meantime, a re-test of the 1.1300/1.1265 area remains on the cards while spot trades below the short-term resistance line, today at 1.1570.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1447
Today Daily change: -30 pips
Today Daily change %: -0.261%
Today Daily Open: 1.1477
Trends:
Previous Daily SMA20: 1.1394
Previous Daily SMA50: 1.1374
Previous Daily SMA100: 1.148
Previous Daily SMA200: 1.1643
Levels:
Previous Daily High: 1.1484
Previous Daily Low: 1.1396
Previous Weekly High: 1.1586
Previous Weekly Low: 1.1309
Previous Monthly High: 1.1486
Previous Monthly Low: 1.1269
Previous Daily Fibonacci 38.2%: 1.1451
Previous Daily Fibonacci 61.8%: 1.143
Previous Daily Pivot Point S1: 1.1421
Previous Daily Pivot Point S2: 1.1365
Previous Daily Pivot Point S3: 1.1333
Previous Daily Pivot Point R1: 1.1509
Previous Daily Pivot Point R2: 1.1541
Previous Daily Pivot Point R3: 1.1597
