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EUR/USD Technical Analysis: Sellers challenging consolidation break

  • EUR/USD is locked in a declining intraday pattern, with the 1.1400 handle set to act as a constraining price level.

EUR/USD, 15-Minute

  • If the Fiber manages to break loose and set up a bearish continuation, a significant support zone sits at late December’s swing lows from 1.1350  to 1.1300.

EUR/USD, 1-Hour

  • With last week’s drive upwards into 1.1570, EUR/USD has broken recent consolidation, and the challenge now will be for bidders to keep the pair from sinking back further into the former consolidation range, which could see the Fiber fall out the other side.

EUR/USD, 4-Hour

EUR/USD

Overview:
       Today Last Price:  1.1412
       Today Daily change:  -1.0  pips
       Today Daily change %:  -0.00876%
       Today Daily Open:  1.1413
Trends:
       Previous Daily SMA20:  1.1432
       Previous Daily SMA50:  1.1385
       Previous Daily SMA100:  1.1471
       Previous Daily SMA200:  1.1619
Levels:
       Previous Daily High:  1.1491
       Previous Daily Low:  1.1382
       Previous Weekly High:  1.1571
       Previous Weekly Low:  1.1396
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Previous Daily Fibonacci 38.2%:  1.1424
       Previous Daily Fibonacci 61.8%:  1.145
       Previous Daily Pivot Point S1:  1.1366
       Previous Daily Pivot Point S2:  1.1319
       Previous Daily Pivot Point S3:  1.1257
       Previous Daily Pivot Point R1:  1.1476
       Previous Daily Pivot Point R2:  1.1538
       Previous Daily Pivot Point R3:  1.1585

 

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