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EUR/USD Technical Analysis: Spot remains supported by 2018 low at 1.1215

  • EUR/USD managed to regain some buying interest after dropping to fresh 2019 lows at 1.1248 last Friday.
  • Extra pullbacks should face 2018 lows at 1.1216. As long as this level underpins, further rangebound and potential bullish attempts should not be ruled out.
  • Initial target is now at last week’s tops in the 1.1340 region. This resistance zone is reinforced by the Fibo retracement of the September-November drop at 1.1356.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.131
       Today Daily change:  36  pips
       Today Daily change %:  0.11%
       Today Daily Open:  1.1298
Trends:
       Daily SMA20:  1.1371
       Daily SMA50:  1.1393
       Daily SMA100:  1.1405
       Daily SMA200:  1.1529
Levels:
       Previous Daily High:  1.1312
       Previous Daily Low:  1.1234
       Previous Weekly High:  1.1344
       Previous Weekly Low:  1.1234
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1282
       Daily Fibonacci 61.8%:  1.1264
       Daily Pivot Point S1:  1.1251
       Daily Pivot Point S2:  1.1204
       Daily Pivot Point S3:  1.1174
       Daily Pivot Point R1:  1.1329
       Daily Pivot Point R2:  1.1359
       Daily Pivot Point R3:  1.1406

 

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