Home EUR/USD Technical Analysis: Rising odds for a test of 2018 lows at 1.1216
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EUR/USD Technical Analysis: Rising odds for a test of 2018 lows at 1.1216

  • The pair has resumed the downside after leaving behind a tepid bullish attempt during early trade.
  • EUR/USD has quickly breached the previous low at 1.1289 and December 2018 low at 1.1269, extending the down move to the boundaries of 1.1240, new 2019 lows.
  • Extra losses are expected to remain well on the cards for the time being, with the immediate target at 2018 lows in the 1.1220/15 band (November 12).

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1266
       Today Daily change:  33  pips
       Today Daily change %:  -0.09%
       Today Daily Open:  1.1276
Trends:
       Daily SMA20:  1.139
       Daily SMA50:  1.1398
       Daily SMA100:  1.1421
       Daily SMA200:  1.1541
Levels:
       Previous Daily High:  1.1332
       Previous Daily Low:  1.1267
       Previous Weekly High:  1.1462
       Previous Weekly Low:  1.132
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1292
       Daily Fibonacci 61.8%:  1.1307
       Daily Pivot Point S1:  1.1252
       Daily Pivot Point S2:  1.1228
       Daily Pivot Point S3:  1.1188
       Daily Pivot Point R1:  1.1316
       Daily Pivot Point R2:  1.1356
       Daily Pivot Point R3:  1.138

 

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