Home EUR/USD Technical Analysis: Euro currently supported near the 1.1400 figure
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EUR/USD Technical Analysis: Euro currently supported near the 1.1400 figure

EUR/USD Daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving averages (SMAs).  
  • EUR/USD is finding some mild support at the 50 SMA.
  • Investors must be cautious as Conservative Party lawmakers will vote for or against PM Theresa May amid growing discontent on the Brexit deal at 19.00 GMT this Wednesday.

EUR/USD 4-four chart

  • EUR/USD is trading just below the 200 SMA.  

EUR/USD  30-minute chart

  • After Tuesday’s drop EUR/USD is set to remain in a tight range on Wednesday as bears will try to break below 1.1380 and bulls will attempt a break of the 1.1420 resistance.  
  • Caution is advised as Brexit-related news can indirectly affect EUR/USD.  

Additional key levels  

EUR/USD

Overview:
       Today Last Price:  1.1396
       Today Daily change:  -17  pips
       Today Daily change %:  -0.149%
       Today Daily Open:  1.1413
Trends:
       Previous Daily SMA20:  1.1432
       Previous Daily SMA50:  1.1385
       Previous Daily SMA100:  1.1471
       Previous Daily SMA200:  1.1619
Levels:
       Previous Daily High:  1.1491
       Previous Daily Low:  1.1382
       Previous Weekly High:  1.1571
       Previous Weekly Low:  1.1396
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Previous Daily Fibonacci 38.2%:  1.1424
       Previous Daily Fibonacci 61.8%:  1.145
       Previous Daily Pivot Point S1:  1.1366
       Previous Daily Pivot Point S2:  1.1319
       Previous Daily Pivot Point S3:  1.1257
       Previous Daily Pivot Point R1:  1.1476
       Previous Daily Pivot Point R2:  1.1538
       Previous Daily Pivot Point R3:  1.1585

 

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