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EUR/USD Technical Analysis: Rebound faces initial hurdle at 1.1400

  • After testing fresh multi-week lows in the 1.1300 neighbourhood on Wednesday, EUR/USD has now regained some attention and looks to extend the bounce to the 1.1400 barrier.
  • The next target on the upside lies just above 1.1400 the figure, where sits the 10-day SMA ahead of the 21-day SMA, today at 1.1468.
  • In case sellers regain control of the markets, the 1.1300 area emerges as the initial contention, where coincide recent lows and the 2018 trough.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Last Price:  1.1376
       Daily change:  64  pips
       Daily change:  0.566%
       Daily Open:  1.1312
Trends:
       Daily SMA20:  1.1472
       Daily SMA50:  1.1575
       Daily SMA100:  1.1593
       Daily SMA200:  1.1876
Levels:
       Daily High:  1.1362
       Daily Low:  1.1302
       Weekly High:  1.1551
       Weekly Low:  1.1336
       Monthly High:  1.1625
       Monthly Low:  1.1302
       Daily Fibonacci 38.2%:  1.1325
       Daily Fibonacci 61.8%:  1.1339
       Daily Pivot Point S1:  1.1289
       Daily Pivot Point S2:  1.1266
       Daily Pivot Point S3:  1.1229
       Daily Pivot Point R1:  1.1348
       Daily Pivot Point R2:  1.1385
       Daily Pivot Point R3:  1.1408

 

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