- EUR/USD is now struggling to add to recent gains and is returning to sub-1.1600 levels after clinching tops at 1.1610 in earlier in the day.
- Further upside is expected to meet initial resistance at 1.1621, where sits the 21-day SMA ahead of the 100-day SMA, today at 1.1629. A breakout of this area on a convincing fashion is need to allow for extra gains.
- On the downside, the 10-day SMA at 1.1532 emerges as the initial contention ahead of recent lows in the 1.1430 region.
EUR/USD
Overview:
Last Price: 1.1585
Daily change: -9.0 pips
Daily change: -0.0776%
Daily Open: 1.1594
Trends:
Daily SMA20: 1.1621
Daily SMA50: 1.1586
Daily SMA100: 1.1629
Daily SMA200: 1.1923
Levels:
Daily High: 1.16
Daily Low: 1.1519
Weekly High: 1.1625
Weekly Low: 1.1464
Monthly High: 1.1816
Monthly Low: 1.1464
Daily Fibonacci 38.2%: 1.1569
Daily Fibonacci 61.8%: 1.155
Daily Pivot Point S1: 1.1542
Daily Pivot Point S2: 1.149
Daily Pivot Point S3: 1.1461
Daily Pivot Point R1: 1.1623
Daily Pivot Point R2: 1.1652
Daily Pivot Point R3: 1.1704
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