Home EUR/USD Technical Analysis: A test of 1.1500 and above remains on the cards while above 1.1301
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EUR/USD Technical Analysis: A test of 1.1500 and above remains on the cards while above 1.1301

  • EUR/USD keeps correcting lower following last week’s breakout of the 1.1500 handle.
  • The leg lower, however, appears well supported by the 21-day/10-day SMA in the 1.1423/18 band for the time being.
  • The constructive outlook and potential re-visit to the 1.1500 area and above remains on the cards as long as the short-term support line underpins, today at 1.1301.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.143
       Today Daily change:  -0.0004  pips
       Today Daily change %:  -0.03%
       Today Daily Open:  1.1434
Trends:
       Daily SMA20:  1.1425
       Daily SMA50:  1.1398
       Daily SMA100:  1.144
       Daily SMA200:  1.1557
Levels:
       Previous Daily High:  1.1462
       Previous Daily Low:  1.1424
       Previous Weekly High:  1.1516
       Previous Weekly Low:  1.139
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1439
       Daily Fibonacci 61.8%:  1.1447
       Daily Pivot Point S1:  1.1419
       Daily Pivot Point S2:  1.1403
       Daily Pivot Point S3:  1.1382
       Daily Pivot Point R1:  1.1456
       Daily Pivot Point R2:  1.1477
       Daily Pivot Point R3:  1.1493

 

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