Home EUR/USD Technical Analysis: Euro testing the 1.1300 figure ahead of US CPI
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EUR/USD Technical Analysis: Euro testing the 1.1300 figure ahead of US CPI

EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • The US Consumer Price Index (CPI) for the month of January will be released at 13.30 GMT

EUR/USD 4-hour chart

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

EUR/USD 30-minute chart

  • EUR/USD is testing the 1.1300 figure and the 100 SMA.
  • A break of 1.1300 could lead to a move down to 1.1270 in the short-term.
  • To the upside, resistance is seen at 1.1330 and 1.1355 and 1.1400 figure.

Additional key levels

EUR/USD

Overview:
       Today Last Price:  1.1305
       Today Daily change:  -27  pips
       Today Daily change %:  -0.24%
       Today Daily Open:  1.1332
Trends:
       Daily SMA20:  1.1386
       Daily SMA50:  1.1398
       Daily SMA100:  1.1416
       Daily SMA200:  1.1538
Levels:
       Previous Daily High:  1.1342
       Previous Daily Low:  1.1258
       Previous Weekly High:  1.1462
       Previous Weekly Low:  1.132
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1309
       Daily Fibonacci 61.8%:  1.129
       Daily Pivot Point S1:  1.1279
       Daily Pivot Point S2:  1.1226
       Daily Pivot Point S3:  1.1195
       Daily Pivot Point R1:  1.1363
       Daily Pivot Point R2:  1.1394
       Daily Pivot Point R3:  1.1447

 

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