Search ForexCrunch
  • The pair is retreating for yet another session on Wednesday, breaking below the critical support at 1.1300 the figure and opening the door for further retracements.
  • In fact, and following the breakdown of 1.1300, the immediate target remains the area of YTD lows in the 1.1200 neighbourhood. The negative view should remain in place as long as the pair trades below the short-term support line, today at 1.1423.
  • Occasional bullish attempts should regain last week’s peaks in the 1.1470 region in order to regain upside pressure.

EUR/USD daily chart

 

 

 

 

 

 

 

 

 

 

 

 

EUR/USD

Overview:
       Today Last Price:  1.1286
       Today Daily change:  -10  pips
       Today Daily change %:  -0.0885%
       Today Daily Open:  1.1296
Trends:
       Previous Daily SMA20:  1.1362
       Previous Daily SMA50:  1.1473
       Previous Daily SMA100:  1.154
       Previous Daily SMA200:  1.178
Levels:
       Previous Daily High:  1.1346
       Previous Daily Low:  1.1277
       Previous Weekly High:  1.1473
       Previous Weekly Low:  1.1328
       Previous Monthly High:  1.1625
       Previous Monthly Low:  1.1302
       Previous Daily Fibonacci 38.2%:  1.1303
       Previous Daily Fibonacci 61.8%:  1.1319
       Previous Daily Pivot Point S1:  1.1267
       Previous Daily Pivot Point S2:  1.1238
       Previous Daily Pivot Point S3:  1.1199
       Previous Daily Pivot Point R1:  1.1336
       Previous Daily Pivot Point R2:  1.1375
       Previous Daily Pivot Point R3:  1.1404