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EUR/USD Technical Analysis: Euro challenges the 1.1350 level to the downside

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving averages (SMA).
  • As discussed, the break of 1.1380 support lead the market to the 1.1350 level.  

EUR/USD 4-hour chart

  • EUR/USD is trading below its main SMAs as the market created a doji bar in the last hours of trading.

EUR/USD 30-minute chart

  • Bears broke below the 1.1380 level to find support at 1.1350.  
  • Bulls are likely to recapture 1.1380, 1.1420 and 1.1460 to the upside.    

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1365
       Today Daily change:  -0.0026  pips
       Today Daily change %:  -0.23%
       Today Daily Open:  1.1391
Trends:
       Daily SMA20:  1.1429
       Daily SMA50:  1.1385
       Daily SMA100:  1.1465
       Daily SMA200:  1.1609
Levels:
       Previous Daily High:  1.1406
       Previous Daily Low:  1.137
       Previous Weekly High:  1.1571
       Previous Weekly Low:  1.1396
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Daily Fibonacci 38.2%:  1.1384
       Daily Fibonacci 61.8%:  1.1393
       Daily Pivot Point S1:  1.1372
       Daily Pivot Point S2:  1.1353
       Daily Pivot Point S3:  1.1336
       Daily Pivot Point R1:  1.1409
       Daily Pivot Point R2:  1.1426
       Daily Pivot Point R3:  1.1445

 

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