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EUR/USD Technical Analysis: Upside momentum loses traction near 1.1300

  • EUR/USD has briefly tested the 1.1300 area on Tuesday, although it lost vigour soon afterwards.
  • Initial hurdle emerges at the 10-day SMA at 1.1292 ahead of the 21-day SMA at 1.13111.
  • In the meantime, the resumption of the downside pressure still remains in the pipeline while below the 5-month resistance line, today at 1.1433.

EUR/USD daily chart

EUR/USD

Overview:
       Today Last Price:  1.1286
       Today Daily change:  12  pips
       Today Daily change %:  -0.01%
       Today Daily Open:  1.1287
Trends:
       Daily SMA20:  1.1315
       Daily SMA50:  1.1369
       Daily SMA100:  1.1371
       Daily SMA200:  1.1494
Levels:
       Previous Daily High:  1.1308
       Previous Daily Low:  1.1244
       Previous Weekly High:  1.1388
       Previous Weekly Low:  1.1176
       Previous Monthly High:  1.1489
       Previous Monthly Low:  1.1234
       Daily Fibonacci 38.2%:  1.1283
       Daily Fibonacci 61.8%:  1.1268
       Daily Pivot Point S1:  1.1252
       Daily Pivot Point S2:  1.1217
       Daily Pivot Point S3:  1.1189
       Daily Pivot Point R1:  1.1315
       Daily Pivot Point R2:  1.1343
       Daily Pivot Point R3:  1.1378

 

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