EUR/USD Technical Analysis: Euro grinding higher towards 1.1560 post-FOMC minutes

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EUR/USD daily chart

  • EUR/USD is trading in a bear trend below the 200 SMA.
  • EUR/USD is grinding towards 1.1540 post FOMC minutes.


	EUR/USD Technical Analysis: Euro grinding higher towards 1.1560 post-FOMC minutes

EUR/USD 4-hour chart

  • EUR/USD bulls objective is to keep the market above the 1.1540 level.


	EUR/USD Technical Analysis: Euro grinding higher towards 1.1560 post-FOMC minutes

EUR/USD  30-minute chart

  • Buyers are keeping the market afloat as 1.1560 and 1.1590 become the next bull targets.
  • On the flip side, bears will try to limit the upside by targeting 1.1440 and 1.1410 on the way down. 


	EUR/USD Technical Analysis: Euro grinding higher towards 1.1560 post-FOMC minutes

Additional key levels

EUR/USD

Overview:
    Today Last Price: 1.1538
    Today Daily change: 98 pips
    Today Daily change %: 0.857%
    Today Daily Open: 1.144
Trends:
    Previous Daily SMA20: 1.1399
    Previous Daily SMA50: 1.1376
    Previous Daily SMA100: 1.1479
    Previous Daily SMA200: 1.1639
Levels:
    Previous Daily High: 1.1486
    Previous Daily Low: 1.1422
    Previous Weekly High: 1.1586
    Previous Weekly Low: 1.1309
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Previous Daily Fibonacci 38.2%: 1.1446
    Previous Daily Fibonacci 61.8%: 1.1461
    Previous Daily Pivot Point S1: 1.1413
    Previous Daily Pivot Point S2: 1.1386
    Previous Daily Pivot Point S3: 1.135
    Previous Daily Pivot Point R1: 1.1477
    Previous Daily Pivot Point R2: 1.1513
    Previous Daily Pivot Point R3: 1.154

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