EUR/USD Technical Analysis: Mission Accomplished as 1.1350 gets hit – Is there more fuel in the bulls tank?

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EUR/USD 4-hour chart


	EUR/USD Technical Analysis: Mission Accomplished as 1.1350 gets hit - Is there more fuel in the bulls tank?

  • EUR/USD is trading in a bear trend below the 200-period simple moving average.
  • EUR/USD set up an impressive pullback up above the 1.1300 figure as bulls hit 1.1350 resistance. 
  • Technical indicators are turning positive suggesting continued bullishness for the coming sessions. 1.1400 becomes the next bull target.

Additional key levels at a glance:

GBP/USD

Overview:
    Last Price: 1.2995
    Daily change: 39 pips
    Daily change: 0.301%
    Daily Open: 1.2956
Trends:
    Daily SMA20: 1.2951
    Daily SMA50: 1.3034
    Daily SMA100: 1.3027
    Daily SMA200: 1.339
Levels:
    Daily High: 1.3048
    Daily Low: 1.2839
    Weekly High: 1.3176
    Weekly Low: 1.2958
    Monthly High: 1.326
    Monthly Low: 1.2696
    Daily Fibonacci 38.2%: 1.2968
    Daily Fibonacci 61.8%: 1.2919
    Daily Pivot Point S1: 1.2847
    Daily Pivot Point S2: 1.2738
    Daily Pivot Point S3: 1.2637
    Daily Pivot Point R1: 1.3057
    Daily Pivot Point R2: 1.3157
    Daily Pivot Point R3: 1.3266

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