Home EUR/USD Technical Analysis: Remaining upright from the 1.1300 zone
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EUR/USD Technical Analysis: Remaining upright from the 1.1300 zone

  • The Euro heads into Wednesday’s market session towards the low end, and intraday barriers sit on either side of EUR/USD at yesterday’s low of 1.1306, with intraday resistance sitting at the 38.2% Fibo retracement level of 1.1342.

EUR/USD, 5-Minute

  • The near-term sees the EUR/USD pair testing support at the 1.1300 major handle, and the pair routinely undergoes rapid rises and falls, largely owing to USD flows from the early US trading window.

EUR/USD, 30-Minute

  • Looking further out, the EUR/USD pairing sees a constraining pattern forming on 4-hour candlesticks, and swing traders will be looking for a break-and-retest of either boundary before loading into further positions, and the Fiber is likely to remain middling heading into the Christmas season.

EUR/USD, 4-Hour

EUR/USD

Overview:
       Today Last Price:  1.1323
       Today Daily change:  -5.0  pips
       Today Daily change %:  -0.0441%
       Today Daily Open:  1.1328
Trends:
       Previous Daily SMA20:  1.1361
       Previous Daily SMA50:  1.1409
       Previous Daily SMA100:  1.1508
       Previous Daily SMA200:  1.1733
Levels:
       Previous Daily High:  1.14
       Previous Daily Low:  1.1306
       Previous Weekly High:  1.1424
       Previous Weekly Low:  1.1311
       Previous Monthly High:  1.15
       Previous Monthly Low:  1.1216
       Previous Daily Fibonacci 38.2%:  1.1342
       Previous Daily Fibonacci 61.8%:  1.1365
       Previous Daily Pivot Point S1:  1.1289
       Previous Daily Pivot Point S2:  1.1251
       Previous Daily Pivot Point S3:  1.1195
       Previous Daily Pivot Point R1:  1.1383
       Previous Daily Pivot Point R2:  1.1439
       Previous Daily Pivot Point R3:  1.1477

 

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