Home EUR/USD Technical Analysis: Euro grinding higher towards 1.1560 post-FOMC minutes
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EUR/USD Technical Analysis: Euro grinding higher towards 1.1560 post-FOMC minutes

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200 SMA.
  • EUR/USD is grinding towards 1.1540 post FOMC minutes.

EUR/USD 4-hour chart

  • EUR/USD bulls objective is to keep the market above the 1.1540 level.

EUR/USD  30-minute chart

  • Buyers are keeping the market afloat as 1.1560 and 1.1590 become the next bull targets.
  • On the flip side, bears will try to limit the upside by targeting 1.1440 and 1.1410 on the way down.  

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1538
       Today Daily change:  98  pips
       Today Daily change %:  0.857%
       Today Daily Open:  1.144
Trends:
       Previous Daily SMA20:  1.1399
       Previous Daily SMA50:  1.1376
       Previous Daily SMA100:  1.1479
       Previous Daily SMA200:  1.1639
Levels:
       Previous Daily High:  1.1486
       Previous Daily Low:  1.1422
       Previous Weekly High:  1.1586
       Previous Weekly Low:  1.1309
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Previous Daily Fibonacci 38.2%:  1.1446
       Previous Daily Fibonacci 61.8%:  1.1461
       Previous Daily Pivot Point S1:  1.1413
       Previous Daily Pivot Point S2:  1.1386
       Previous Daily Pivot Point S3:  1.135
       Previous Daily Pivot Point R1:  1.1477
       Previous Daily Pivot Point R2:  1.1513
       Previous Daily Pivot Point R3:  1.154

 

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