EUR/USD Technical Analysis: Euro dropping fast and breaking below 1.1350 level

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EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 50, 100 and 200-period simple moving average (SMA).
  • As forecast the 1.1340 support got hit.


	EUR/USD Technical Analysis: Euro dropping fast and breaking below 1.1350 level

EUR/USD 4-hour chart

  • EUR/USD rejected the 1.1600, 1.1500 and 1.1400 psychological levels in less than 24 hours.


	EUR/USD Technical Analysis: Euro dropping fast and breaking below 1.1350 level

EUR/USD 30-minute chart

  • EUR/USD is falling down fast as it broke below the 1.1350 level. 
  • The trend is bearish and additional losses can see 1.1300 become the next bear target in the coming sessions.


	EUR/USD Technical Analysis: Euro dropping fast and breaking below 1.1350 level

Additional key levels:

EUR/USD

Overview:
    Today Last Price: 1.1352
    Today Daily change: -1.2e+2 pips
    Today Daily change %: -1.05%
    Today Daily Open: 1.1473
Trends:
    Previous Daily SMA20: 1.1387
    Previous Daily SMA50: 1.1372
    Previous Daily SMA100: 1.148
    Previous Daily SMA200: 1.1662
Levels:
    Previous Daily High: 1.1586
    Previous Daily Low: 1.1446
    Previous Weekly High: 1.1478
    Previous Weekly Low: 1.1343
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1532
    Previous Daily Fibonacci 61.8%: 1.15
    Previous Daily Pivot Point S1: 1.1418
    Previous Daily Pivot Point S2: 1.1362
    Previous Daily Pivot Point S3: 1.1278
    Previous Daily Pivot Point R1: 1.1556
    Previous Daily Pivot Point R2: 1.164
    Previous Daily Pivot Point R3: 1.1696

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