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  • EUR/USD appears to have met strong resistance in the low-1.1300s following last week’s new YTD lows in the 1.1180 region.
  • The ongoing up move is seen facing the next relevant hurdle in the 1.1370 region, where coincide the 55-day and 100-day SMAs.
  • On the broader picture, the pair’s outlook is expected to remain intact while below the 5-month resistance line, today at 1.1432.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1332
       Today Daily change:  25  pips
       Today Daily change %:  0.04%
       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