Home EUR/USD Technical Analysis: Euro bulls enjoying a Friday recovery above 1.1300 figure
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EUR/USD Technical Analysis: Euro bulls enjoying a Friday recovery above 1.1300 figure

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 50, 100 and 200-day simple moving averages (SMAs).

EUR/USD 4-hour chart

  • Bears tested the 1.1300 support but were not able to continue the bear leg below this level.  

EUR/USD 30-minute chart

  • EUR/USD is testing the 1.1350 level along with the 200 SMA.  
  • Bears had an opportunity to break below the 1.1300 but they were met with bullish interest. The sellers might try to reconquer the 1.1300 level again, but it is unlikely that the bear rallies will go very far.  
  • To the upside 1.1380, 1.1430 and 1.1470 targets remain on the cards for bulls.

 

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1355
       Today Daily change:  47  pips
       Today Daily change %:  0.42%
       Today Daily Open:  1.1308
Trends:
       Daily SMA20:  1.142
       Daily SMA50:  1.139
       Daily SMA100:  1.1452
       Daily SMA200:  1.1584
Levels:
       Previous Daily High:  1.1393
       Previous Daily Low:  1.1289
       Previous Weekly High:  1.1491
       Previous Weekly Low:  1.1353
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Daily Fibonacci 38.2%:  1.1329
       Daily Fibonacci 61.8%:  1.1353
       Daily Pivot Point S1:  1.1267
       Daily Pivot Point S2:  1.1227
       Daily Pivot Point S3:  1.1164
       Daily Pivot Point R1:  1.1371
       Daily Pivot Point R2:  1.1433
       Daily Pivot Point R3:  1.1474

 

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