Search ForexCrunch
  • EUR/USD trade near 1.1325 during early Thursday.
  • The pair recently reversed from a downward sloping resistance-line stretched since February 28, also forming a part of the short-term symmetrical triangle.
  • The pullback from formation resistance signal brighter chances of the pair’s further weakness towards 1.1310 and then to 1.1300.
  • However, pattern support, at 1.1280, could confine pair’s additional declines, if not then 1.1250 and 1.1220 can become sellers’ favorites.
  • On the contrary, pair’s ability to conquer 1.1335 resistance-line can trigger its recovery to 1.1355 and 1.1380 numbers to the north.
  • Also, pair’s sustained advances past-1.1380 might not hesitate flashing 1.1400 and 1.1425 on the chart.

EUR/USD hourly chart

Additional important levels:

Overview:
       Today Last Price:  1.1325
       Today Daily change:  -3  pips
       Today Daily change %:  -0.03%
       Today Daily Open:  1.1328
Trends:
       Daily SMA20:  1.1318
       Daily SMA50:  1.1369
       Daily SMA100:  1.137
       Daily SMA200:  1.1492
Levels:
       Previous Daily High:  1.134
       Previous Daily Low:  1.1278
       Previous Weekly High:  1.1388
       Previous Weekly Low:  1.1176
       Previous Monthly High:  1.1489
       Previous Monthly Low:  1.1234
       Daily Fibonacci 38.2%:  1.1316
       Daily Fibonacci 61.8%:  1.1301
       Daily Pivot Point S1:  1.129
       Daily Pivot Point S2:  1.1253
       Daily Pivot Point S3:  1.1228
       Daily Pivot Point R1:  1.1352
       Daily Pivot Point R2:  1.1377
       Daily Pivot Point R3:  1.1414