EUR/USD Technical Analysis: Mission Accomplished as Euro hits 1.1400 figure – There might be more fuel in the bulls tank to 1.1450 level

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EUR/USD 4-hour chart

  • EUR/USD is trading in a bear trend below the 200-period simple moving average. 
  • EUR/USD hit the 1.1400 target as the market reclaimed the 50 and 100-period simple moving average. Technical indicators remain strong. 
  • The next target for bulls is seen at 1.1450 while a break below 1.1300 on a daily closing basis would be seen as a bearish continuation.


	EUR/USD Technical Analysis: Mission Accomplished as Euro hits 1.1400 figure - There might be more fuel in the bulls tank to 1.1450 level

Additional key levels at a glance:

EUR/USD

Overview:
    Last Price: 1.1405
    Daily change: 73 pips
    Daily change: 0.644%
    Daily Open: 1.1332
Trends:
    Daily SMA20: 1.1379
    Daily SMA50: 1.1515
    Daily SMA100: 1.1566
    Daily SMA200: 1.1819
Levels:
    Daily High: 1.1363
    Daily Low: 1.1271
    Weekly High: 1.15
    Weekly Low: 1.1316
    Monthly High: 1.1625
    Monthly Low: 1.1302
    Daily Fibonacci 38.2%: 1.1328
    Daily Fibonacci 61.8%: 1.1306
    Daily Pivot Point S1: 1.1281
    Daily Pivot Point S2: 1.123
    Daily Pivot Point S3: 1.1189
    Daily Pivot Point R1: 1.1373
    Daily Pivot Point R2: 1.1414
    Daily Pivot Point R3: 1.1466

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