- EUR/USD is trading in a bear trend below the 200-period simple moving average as the FOMC statement has been released.
- EUR/USD broke below the 1.1400 figure and the 50 SMA which can lead to a drop to 1.1350 and 1.1300 levels in the coming sessions.
- The 1.1400 figure becomes the new main resistance level.
EUR/USD 4-hour chart
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Main trend: Bearish
Resistance 1: 1.1400 figure
Resistance 2: 1.1430 October 9 low
Resistance 3: 1.1470 Asian high (Nov.7)
Resistance 4: 1.1500 figure and October 2 swing low
Support 1: 1.1350 figure
Support 2: 1.1300 current 2018 low
Support 3: 1.1200 figure
Additional key levels at a glance:
EUR/USD
Overview:
Last Price: 1.1372
Daily change: -67 pips
Daily change: -0.586%
Daily Open: 1.1439
Trends:
Daily SMA20: 1.1449
Daily SMA50: 1.1552
Daily SMA100: 1.1584
Daily SMA200: 1.1852
Levels:
Daily High: 1.15
Daily Low: 1.1395
Weekly High: 1.1456
Weekly Low: 1.1302
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.146
Daily Fibonacci 61.8%: 1.1435
Daily Pivot Point S1: 1.1389
Daily Pivot Point S2: 1.1339
Daily Pivot Point S3: 1.1284
Daily Pivot Point R1: 1.1495
Daily Pivot Point R2: 1.155
Daily Pivot Point R3: 1.16
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