EUR/USD Technical Analysis: Forget Black Friday it is Red Friday as the Euro breaks below 1.1400 figure

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EUR/USD daily chart

  • EUR/USD is trading below its main simple moving averages (SMAs) on the daily chart. 


	EUR/USD Technical Analysis: Forget Black Friday it is Red Friday as the Euro breaks below 1.1400 figure

EUR/USD 4-hour chart

  • EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart. 
  • The RSI is below the 50 line, the MACD is slightly weakening while the Stochastic is above the 50 line. 


	EUR/USD Technical Analysis: Forget Black Friday it is Red Friday as the Euro breaks below 1.1400 figure

EUR/USD 30-minute chart

  • EUR/USD broke below the 1.1400 figure and the flat 50 and 100 SMAs as technical indicators are bearish.
  • The next target to the downside is seen at the 1.3220 and 1.1275 levels. However, any further big losses seem to be limited this Friday.


	EUR/USD Technical Analysis: Forget Black Friday it is Red Friday as the Euro breaks below 1.1400 figure

Additional key levels

EUR/USD

Overview:
    Last Price: 1.135
    Daily change: -56 pips
    Daily change: -0.491%
    Daily Open: 1.1406
Trends:
    Daily SMA20: 1.137
    Daily SMA50: 1.1494
    Daily SMA100: 1.1553
    Daily SMA200: 1.1797
Levels:
    Daily High: 1.1434
    Daily Low: 1.1381
    Weekly High: 1.142
    Weekly Low: 1.1216
    Monthly High: 1.1625
    Monthly Low: 1.1302
    Daily Fibonacci 38.2%: 1.1414
    Daily Fibonacci 61.8%: 1.1402
    Daily Pivot Point S1: 1.138
    Daily Pivot Point S2: 1.1354
    Daily Pivot Point S3: 1.1327
    Daily Pivot Point R1: 1.1433
    Daily Pivot Point R2: 1.1461
    Daily Pivot Point R3: 1.1487

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