- The pair is now seeing some recovery after dropping to the 1.1380 area on Wednesday, managing to regain the 1.1400 barrier and above.
- Further downside should see the critical 200-week SMA tested at 1.1319, considered the last defense of a probable test of 2018 low at 1.1299 (August 15).
- On the flip side, occasional bullish attempts should meet strong resistance in the 1.1493/1.1520 band, where converge the 10-day SMA, May 29 low and the 21-day SMA.
EUR/USD
Overview:
Last Price: 1.1415
Daily change: -1.2e+2 pips
Daily change: -1.01%
Daily Open: 1.1531
Trends:
Daily SMA20: 1.1571
Daily SMA50: 1.1584
Daily SMA100: 1.1623
Daily SMA200: 1.1909
Levels:
Daily High: 1.154
Daily Low: 1.1531
Weekly High: 1.1622
Weekly Low: 1.1433
Monthly High: 1.1816
Monthly Low: 1.1526
Daily Fibonacci 38.2%: 1.1496
Daily Fibonacci 61.8%: 1.1472
Daily Pivot Point S1: 1.1453
Daily Pivot Point S2: 1.1392
Daily Pivot Point S3: 1.1351
Daily Pivot Point R1: 1.1555
Daily Pivot Point R2: 1.1596
Daily Pivot Point R3: 1.1657
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