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EUR/USD Technical Analysis: Euro consolidating Fed’s inspired bull breakout

EUR/USD daily chart

  • EUR/USD is in a bear trend below the 200-day simple moving averages (SMAs).
  • As discussed in previous articles, EUR/USD reached all its bullish targets up to the 1.1500 figure.

EUR/USD 4-hour chart

  • EUR/USD is trading above its main SMAs suggesting bullish momentum in the medium-term.  

EUR/USD 30-minute chart

  • EUR/USD is trading above its main SMAs suggesting bullish momentum.
  • The 1.1510 and 1.1530 levels are seen as potential targets to the upside.
  • On the way down, the 1.1475 and 1.1400 levels are  support levels.

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1487
       Today Daily change:  6  pips
       Today Daily change %:  0.05%
       Today Daily Open:  1.1481
Trends:
       Daily SMA20:  1.1422
       Daily SMA50:  1.1393
       Daily SMA100:  1.1446
       Daily SMA200:  1.1568
Levels:
       Previous Daily High:  1.1502
       Previous Daily Low:  1.1406
       Previous Weekly High:  1.1418
       Previous Weekly Low:  1.1289
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Daily Fibonacci 38.2%:  1.1466
       Daily Fibonacci 61.8%:  1.1443
       Daily Pivot Point S1:  1.1424
       Daily Pivot Point S2:  1.1367
       Daily Pivot Point S3:  1.1327
       Daily Pivot Point R1:  1.152
       Daily Pivot Point R2:  1.156
       Daily Pivot Point R3:  1.1617

 

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