- The pair is advancing for the third session in a row on Tuesday, recovering further ground following last week’s sharp sell-off led by the dovish shift in the ECB to fresh 2019 lows in the 1.1180 region.
- In light of the current recovery, EUR/USD is now targeting the 1.1300/12 band, where emerge the 10-day and 21-day SMAs.
- Further up is located the key short-term resistance line at 1.1433. Above this level, the downside pressure should be mitigated.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1282
Today Daily change: 41 pips
Today Daily change %: 0.34%
Today Daily Open: 1.1244
Trends:
Daily SMA20: 1.1317
Daily SMA50: 1.1373
Daily SMA100: 1.1373
Daily SMA200: 1.1497
Levels:
Previous Daily High: 1.1259
Previous Daily Low: 1.1222
Previous Weekly High: 1.1388
Previous Weekly Low: 1.1176
Previous Monthly High: 1.1489
Previous Monthly Low: 1.1234
Daily Fibonacci 38.2%: 1.1244
Daily Fibonacci 61.8%: 1.1236
Daily Pivot Point S1: 1.1225
Daily Pivot Point S2: 1.1205
Daily Pivot Point S3: 1.1188
Daily Pivot Point R1: 1.1262
Daily Pivot Point R2: 1.1279
Daily Pivot Point R3: 1.1299