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EUR/USD Technical Analysis: Upside stalled near the 100-day SMA

  • The march north in EUR/USD appears to have met a tough resistance in the 1.1450 region, where sits the key 100-day SMA.
  • Extra gains need the pair to clear this area on a sustainable note. The 1.1500 neighbourhood should then emerges as the next target.
  • In the meantime, the constructive outlook in the pair should remain unchanged while underpinned by the 1.1290 area, where coincide YTD lows and the short-term support line.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1432
       Today Daily change:  -0.0001  pips
       Today Daily change %:  -0.01%
       Today Daily Open:  1.1433
Trends:
       Daily SMA20:  1.1415
       Daily SMA50:  1.1391
       Daily SMA100:  1.1448
       Daily SMA200:  1.1571
Levels:
       Previous Daily High:  1.1451
       Previous Daily Low:  1.1411
       Previous Weekly High:  1.1418
       Previous Weekly Low:  1.1289
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Daily Fibonacci 38.2%:  1.1436
       Daily Fibonacci 61.8%:  1.1427
       Daily Pivot Point S1:  1.1412
       Daily Pivot Point S2:  1.1392
       Daily Pivot Point S3:  1.1372
       Daily Pivot Point R1:  1.1453
       Daily Pivot Point R2:  1.1472
       Daily Pivot Point R3:  1.1493

 

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