EUR/USD Technical Analysis: Euro bulls weather bearish incursions as Fiber sticks to the 1.1350 level

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EUR/USD daily chart

  • EUR/USD is trading in a bear trend below its 200-day simple moving averages (SMA) on the daily chart.


	EUR/USD Technical Analysis: Euro bulls weather bearish incursions as Fiber sticks to the 1.1350 level

EUR/USD 4-hour chart

  • Fiber is trading below the 50, 100 and 200 SMAs near the 2019 lows.


	EUR/USD Technical Analysis: Euro bulls weather bearish incursions as Fiber sticks to the 1.1350 level

EUR/USD 30-minute chart

  • Although EUR/USD is making new lows and trading below the main SMAs, there is no conviction in the move down.
  • Euro bulls are set to come back soon with 1.1380, 1.1420 and potentially 1.1460 target to the upside.


	EUR/USD Technical Analysis: Euro bulls weather bearish incursions as Fiber sticks to the 1.1350 level

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1355
    Today Daily change: 14 pips
    Today Daily change %: -0.12%
    Today Daily Open: 1.1369
Trends:
    Daily SMA20: 1.1428
    Daily SMA50: 1.1388
    Daily SMA100: 1.146
    Daily SMA200: 1.1599
Levels:
    Previous Daily High: 1.1392
    Previous Daily Low: 1.1357
    Previous Weekly High: 1.1491
    Previous Weekly Low: 1.1353
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Daily Fibonacci 38.2%: 1.1378
    Daily Fibonacci 61.8%: 1.137
    Daily Pivot Point S1: 1.1353
    Daily Pivot Point S2: 1.1338
    Daily Pivot Point S3: 1.1318
    Daily Pivot Point R1: 1.1388
    Daily Pivot Point R2: 1.1407
    Daily Pivot Point R3: 1.1423

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