EUR/USD Technical Analysis: Mission accomplished for bears as Euro hits 1.3227 this Friday

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EUR/USD 4-hour chart

  • EUR/USD tumbled as low as 1.3227 this Friday missing Wednesday's forecast by only 7 pips.
  • EUR/USD is trading below its main simple moving averages while its technical indicators are in bearish territories. The path of least resistance suggests a drop towards 1.2155, the 2018 low.
  • On the flip side, if bulls can bounce from the 1.1330 level, the next resistance to the upside is the 1.1430 level. 


	EUR/USD Technical Analysis: Mission accomplished for bears as Euro hits 1.3227 this Friday

Additional key levels

EUR/USD

Overview:
    Last Price: 1.1331
    Daily change: -75 pips
    Daily change: -0.658%
    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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