Home EUR/USD Technical Analysis: The pair’s stance remains bearish below 1.1483
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EUR/USD Technical Analysis: The pair’s stance remains bearish below 1.1483

  • The bullish attempt in the pair lacked of follow through in the 1.1335/40 band on Monday.
  • While EUR/USD remains below the short-term resistance line at 1.1483, the probability of further pullbacks stays well on the cards. That said, there is still scope for a visit to 2018 lows at 1.1216.
  • On the flip side, a surpass of the 100-day SMA at 1.1400 should mitigate some downside pressure.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1299
       Today Daily change:  20  pips
       Today Daily change %:  -0.14%
       Today Daily Open:  1.1315
Trends:
       Daily SMA20:  1.1368
       Daily SMA50:  1.1392
       Daily SMA100:  1.1402
       Daily SMA200:  1.1526
Levels:
       Previous Daily High:  1.1336
       Previous Daily Low:  1.1289
       Previous Weekly High:  1.1344
       Previous Weekly Low:  1.1234
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1318
       Daily Fibonacci 61.8%:  1.1307
       Daily Pivot Point S1:  1.1291
       Daily Pivot Point S2:  1.1267
       Daily Pivot Point S3:  1.1245
       Daily Pivot Point R1:  1.1337
       Daily Pivot Point R2:  1.1359
       Daily Pivot Point R3:  1.1383

 

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