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EUR/USD Technical Analysis: Limited upside and limited downside in the New York session

EUR/USD 4-hour chart

  • EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart.  
  • EUR/USD is attempting to retest the high made earlier in the week at 1.1473. The RSI indicator is above 50, the MACD is decelerating and the Stochastic is in negative territories.  
  • The upside is likely limited above 1.1450. The target for bears should remain  the 1.1350 level.  

Additional key levels at a glance:

EUR/USD

Overview:
       Last Price:  1.1409
       Daily change:  40  pips
       Daily change:  0.352%
       Daily Open:  1.1369
Trends:
       Daily SMA20:  1.1368
       Daily SMA50:  1.1504
       Daily SMA100:  1.1558
       Daily SMA200:  1.1806
Levels:
       Daily High:  1.1473
       Daily Low:  1.1358
       Weekly High:  1.142
       Weekly Low:  1.1216
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1402
       Daily Fibonacci 61.8%:  1.1429
       Daily Pivot Point S1:  1.1327
       Daily Pivot Point S2:  1.1284
       Daily Pivot Point S3:  1.1211
       Daily Pivot Point R1:  1.1442
       Daily Pivot Point R2:  1.1515
       Daily Pivot Point R3:  1.1558

 

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