- EUR/USD is prolonging the sideline theme below the 1.1400 handle today, so far supported by the 1.1300 neighbourhood.
- The recent rejection from the 1.1400 level and beyond has motivated sellers to return to the market and once again open the door for a probable leg lower.
- Immediate support thus emerges at the 2018 low at 1.1214 (November 12) ahead of 1.1188, a Fibo retracement of the 2017-2018 rally.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1325
Today Daily change: -20 pips
Today Daily change %: -0.176%
Today Daily Open: 1.1345
Trends:
Previous Daily SMA20: 1.1348
Previous Daily SMA50: 1.1427
Previous Daily SMA100: 1.152
Previous Daily SMA200: 1.1751
Levels:
Previous Daily High: 1.1362
Previous Daily Low: 1.1311
Previous Weekly High: 1.1402
Previous Weekly Low: 1.1267
Previous Monthly High: 1.15
Previous Monthly Low: 1.1216
Previous Daily Fibonacci 38.2%: 1.1342
Previous Daily Fibonacci 61.8%: 1.133
Previous Daily Pivot Point S1: 1.1317
Previous Daily Pivot Point S2: 1.1288
Previous Daily Pivot Point S3: 1.1266
Previous Daily Pivot Point R1: 1.1367
Previous Daily Pivot Point R2: 1.139
Previous Daily Pivot Point R3: 1.1418