- EUR/USD accelerated the downside after breaking below the 1.1300 handle at the beginning of the week, recording fresh 2018 lows in the mid-1.1200s.
- The negative outlook remains unchanged around the pair in the near term and the downside could extend to sub-1.1200 levels, where emerges the 61.8% Fibo retracement of the 2017-2018 up move.
- On the upside, recovery attempts should initially meet interim hurdle at the 10-day SMA at 1.1367 ahead of 1.1418, 21-day SMA.
EUR/USD daily chart
Dollar Index Spot
Overview:
Last Price: 97.46
Daily change: 57 pips
Daily change: 0.588%
Daily Open: 96.89
Trends:
Daily SMA20: 96.24
Daily SMA50: 95.51
Daily SMA100: 95.26
Daily SMA200: 93.36
Levels:
Daily High: 97.01
Daily Low: 96.63
Weekly High: 97.01
Weekly Low: 95.68
Monthly High: 97.2
Monthly Low: 94.79
Daily Fibonacci 38.2%: 96.86
Daily Fibonacci 61.8%: 96.78
Daily Pivot Point S1: 96.68
Daily Pivot Point S2: 96.46
Daily Pivot Point S3: 96.3
Daily Pivot Point R1: 97.06
Daily Pivot Point R2: 97.22
Daily Pivot Point R3: 97.44
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