EUR/USD Technical Analysis: 1.1350 target hit as Euro weakens against the US Dollar in the New York session

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EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200-day simple moving average (SMA).
  • EUR/USD reached the 1.1350 target as forecast.


	EUR/USD Technical Analysis: 1.1350 target hit as Euro weakens against the US Dollar in the New York session

EUR/USD 4-hour chart

  • EUR/USD is now trading just above the 50 SMA as technical indicators are decelerating.


	EUR/USD Technical Analysis: 1.1350 target hit as Euro weakens against the US Dollar in the New York session

EUR/USD 30-minute chart

  • EUR/USD broke below the 200 SMA. 
  • The path of least resistance is to the downside and the market might be set for continued weakness towards 1.1320 and 1.1300 figure in the coming sessions.


	EUR/USD Technical Analysis: 1.1350 target hit as Euro weakens against the US Dollar in the New York session

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1355
    Today Daily change: 10 pips
    Today Daily change %: 0.0881%
    Today Daily Open: 1.1345
Trends:
    Previous Daily SMA20: 1.1357
    Previous Daily SMA50: 1.1443
    Previous Daily SMA100: 1.1527
    Previous Daily SMA200: 1.176
Levels:
    Previous Daily High: 1.1382
    Previous Daily Low: 1.132
    Previous Weekly High: 1.1402
    Previous Weekly Low: 1.1267
    Previous Monthly High: 1.15
    Previous Monthly Low: 1.1216
    Previous Daily Fibonacci 38.2%: 1.1343
    Previous Daily Fibonacci 61.8%: 1.1358
    Previous Daily Pivot Point S1: 1.1316
    Previous Daily Pivot Point S2: 1.1287
    Previous Daily Pivot Point S3: 1.1254
    Previous Daily Pivot Point R1: 1.1378
    Previous Daily Pivot Point R2: 1.1411
    Previous Daily Pivot Point R3: 1.144

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