Home EUR/USD Technical Analysis: Recovery stalled just ahead of the 1.1400 handle
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EUR/USD Technical Analysis: Recovery stalled just ahead of the 1.1400 handle

  • After testing lows near 1.1330 earlier in the week, EUR/USD has attempted a rebound that so far met a tough resistance in the 1.1400 neighbourhood.
  • The pair needs to surpass the 1.1400 area on a convincing fashion to open the door for a revisit to 1.1500 the figure and beyond.
  • On the other hand, while the short-term resistance line – today at 1.1539 – continues to cap the upside, there is scope for the pair to once again test the area of YTD lows in the boundaries of 1.1300.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.137
       Today Daily change:  -0.0012  pips
       Today Daily change %:  -0.11%
       Today Daily Open:  1.1382
Trends:
       Daily SMA20:  1.1426
       Daily SMA50:  1.1391
       Daily SMA100:  1.1456
       Daily SMA200:  1.1589
Levels:
       Previous Daily High:  1.1396
       Previous Daily Low:  1.1351
       Previous Weekly High:  1.1491
       Previous Weekly Low:  1.1353
       Previous Monthly High:  1.1486
       Previous Monthly Low:  1.1269
       Daily Fibonacci 38.2%:  1.1378
       Daily Fibonacci 61.8%:  1.1368
       Daily Pivot Point S1:  1.1357
       Daily Pivot Point S2:  1.1331
       Daily Pivot Point S3:  1.1312
       Daily Pivot Point R1:  1.1402
       Daily Pivot Point R2:  1.1421
       Daily Pivot Point R3:  1.1447

 

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