Home EUR/USD Technical Analysis: The pair faces strong resistance in the 1.1360/1.1400 band
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EUR/USD Technical Analysis: The pair faces strong resistance in the 1.1360/1.1400 band

  • The pair continues its march north unabated so far this week, although it faces a tough resistance in the 1.1360/1.1400 band.
  • In this area of resistance coincide the 21-, 55- and 100-day SMAs, all ahead of the short-term resistance line, today at 1.1483 .
  • In case the offered bias resumes, the 10-day SMA at 1.1309 emerges as the initial support ahead of YTD lows in the 1.1235/30 band.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1356
       Today Daily change:  43  pips
       Today Daily change %:  0.14%
       Today Daily Open:  1.134
Trends:
       Daily SMA20:  1.1366
       Daily SMA50:  1.1392
       Daily SMA100:  1.1399
       Daily SMA200:  1.1521
Levels:
       Previous Daily High:  1.1373
       Previous Daily Low:  1.1325
       Previous Weekly High:  1.1344
       Previous Weekly Low:  1.1234
       Previous Monthly High:  1.1586
       Previous Monthly Low:  1.1289
       Daily Fibonacci 38.2%:  1.1343
       Daily Fibonacci 61.8%:  1.1354
       Daily Pivot Point S1:  1.1319
       Daily Pivot Point S2:  1.1298
       Daily Pivot Point S3:  1.1272
       Daily Pivot Point R1:  1.1367
       Daily Pivot Point R2:  1.1393
       Daily Pivot Point R3:  1.1414

 

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