- The pair has intensified the leg lower today and is flirting with multi-day lows in the 1.1330/20 band, where lies the key 200-week SMA.
- The near term bearish outlook in EUR/USD is expected to persist while below the resistance line, today at 1.1451.
- Spot needs to surpass this area of resistance on a sustainable note in order to alleviate the downside pressure and allow for a test of the 1.1500 handle and beyond.
EUR/USD daily chart
EUR/USD
Overview:
Today Last Price: 1.1319
Today Daily change: 25 pips
Today Daily change %: -0.20%
Today Daily Open: 1.1342
Trends:
Daily SMA20: 1.1339
Daily SMA50: 1.139
Daily SMA100: 1.1385
Daily SMA200: 1.1506
Levels:
Previous Daily High: 1.1388
Previous Daily Low: 1.1309
Previous Weekly High: 1.1422
Previous Weekly Low: 1.1328
Previous Monthly High: 1.1489
Previous Monthly Low: 1.1234
Daily Fibonacci 38.2%: 1.1339
Daily Fibonacci 61.8%: 1.1358
Daily Pivot Point S1: 1.1305
Daily Pivot Point S2: 1.1268
Daily Pivot Point S3: 1.1227
Daily Pivot Point R1: 1.1384
Daily Pivot Point R2: 1.1425
Daily Pivot Point R3: 1.1462
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