Home EUR/USD Technical Analysis: The 200-week SMA near 1.1320 seen holding the downside so far
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EUR/USD Technical Analysis: The 200-week SMA near 1.1320 seen holding the downside so far

  • EUR/USD remains under pressure so far this week. However, the leg lower appears so far contained in the boundaries of the 200-week SMA.
  • A breakdown of this key support level should open the door for a potential re-visit of YTD lows in the 1.1300 neighbourhood, while extra pullbacks should meet the next stop at December low in the 1.1270 region.
  • Furthermore, the bearish view on spot is expected to prevail while below the short-term resistance line, today at 1.1540.

EUR/USD weekly chart

EUR/RUB

Overview:
       Today Last Price:  75.3825
       Today Daily change:  -0.1450  pips
       Today Daily change %:  -0.19%
       Today Daily Open:  75.5275
Trends:
       Daily SMA20:  77.2425
       Daily SMA50:  76.4587
       Daily SMA100:  76.6319
       Daily SMA200:  75.573
Levels:
       Previous Daily High:  75.6545
       Previous Daily Low:  75.3335
       Previous Weekly High:  77.223
       Previous Weekly Low:  75.1415
       Previous Monthly High:  79.9638
       Previous Monthly Low:  74.8274
       Daily Fibonacci 38.2%:  75.5319
       Daily Fibonacci 61.8%:  75.4561
       Daily Pivot Point S1:  75.3558
       Daily Pivot Point S2:  75.1842
       Daily Pivot Point S3:  75.0348
       Daily Pivot Point R1:  75.6768
       Daily Pivot Point R2:  75.8262
       Daily Pivot Point R3:  75.9978

 

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