Home EUR/USD Technical Analysis: 1.1350 target hit as Euro weakens against the US Dollar in the New York session
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EUR/USD Technical Analysis: 1.1350 target hit as Euro weakens against the US Dollar in the New York session

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • EUR/USD reached the 1.1350 target as forecast.

EUR/USD 4-hour chart

  • EUR/USD is now trading just above the 50 SMA as technical indicators are decelerating.

EUR/USD 30-minute chart

  • EUR/USD broke below the 200 SMA.  
  • The path of least resistance is to the downside and the market might be set for continued weakness towards 1.1320 and 1.1300 figure in the coming sessions.

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1355
       Today Daily change:  10  pips
       Today Daily change %:  0.0881%
       Today Daily Open:  1.1345
Trends:
       Previous Daily SMA20:  1.1357
       Previous Daily SMA50:  1.1443
       Previous Daily SMA100:  1.1527
       Previous Daily SMA200:  1.176
Levels:
       Previous Daily High:  1.1382
       Previous Daily Low:  1.132
       Previous Weekly High:  1.1402
       Previous Weekly Low:  1.1267
       Previous Monthly High:  1.15
       Previous Monthly Low:  1.1216
       Previous Daily Fibonacci 38.2%:  1.1343
       Previous Daily Fibonacci 61.8%:  1.1358
       Previous Daily Pivot Point S1:  1.1316
       Previous Daily Pivot Point S2:  1.1287
       Previous Daily Pivot Point S3:  1.1254
       Previous Daily Pivot Point R1:  1.1378
       Previous Daily Pivot Point R2:  1.1411
       Previous Daily Pivot Point R3:  1.144

 

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