- The pair keeps the up move unabated so far this week, moving higher to the mid-1.1300s and targeting the 1.1360/65 band, where are located the 55-day and 100-day SMAs.
- Further north emerges the key 5-month resistance line at 1.1426, coincident with late February peaks. This area is regarded as the last defence for a test of the 1.1500 neighbourhood and possibly beyond.
- Looking at the broader scenario, a test of YTD lows in the 1.1180/75 band remains on the cards as long as the multi-month resistance line holds the upside.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1347
Today Daily change: 22 pips
Today Daily change %: 0.06%
Today Daily Open: 1.134
Trends:
Daily SMA20: 1.1321
Daily SMA50: 1.1363
Daily SMA100: 1.1368
Daily SMA200: 1.1485
Levels:
Previous Daily High: 1.136
Previous Daily Low: 1.1318
Previous Weekly High: 1.1346
Previous Weekly Low: 1.1222
Previous Monthly High: 1.1489
Previous Monthly Low: 1.1234
Daily Fibonacci 38.2%: 1.1344
Daily Fibonacci 61.8%: 1.1335
Daily Pivot Point S1: 1.1319
Daily Pivot Point S2: 1.1298
Daily Pivot Point S3: 1.1277
Daily Pivot Point R1: 1.1361
Daily Pivot Point R2: 1.1382
Daily Pivot Point R3: 1.1403
Share
