EUR/USD Technical Analysis: Short-term support can lift Euro to 1.1440 resistance

33

EUR/USD 4-hour chart

  • EUR/USD is trading below the 200-period simple moving average on the 4-hour chart. 
  • The next main target to the downside for the coming days remains at the 1.1350 level. 


	EUR/USD Technical Analysis: Short-term support can lift Euro to 1.1440 resistance

EUR/USD 30-minute chart

  • EUR/USD found some short-term support at 1.1400 figure above the 200 SMA on the 30-minute chart.
  • Technical indicators such as RSI and MACD have been pretty much oversold while MACD is slowly picking up steam. 
  • Traders should expect a test of 1.1440 before the resumption of the bear trend.


	EUR/USD Technical Analysis: Short-term support can lift Euro to 1.1440 resistance

Additional key levels at a glance:

EUR/USD

Overview:
    Last Price: 1.141
    Daily change: -42 pips
    Daily change: -0.367%
    Daily Open: 1.1452
Trends:
    Daily SMA20: 1.1374
    Daily SMA50: 1.1509
    Daily SMA100: 1.1561
    Daily SMA200: 1.1811
Levels:
    Daily High: 1.1466
    Daily Low: 1.1394
    Weekly High: 1.142
    Weekly Low: 1.1216
    Monthly High: 1.1625
    Monthly Low: 1.1302
    Daily Fibonacci 38.2%: 1.1438
    Daily Fibonacci 61.8%: 1.1421
    Daily Pivot Point S1: 1.1409
    Daily Pivot Point S2: 1.1365
    Daily Pivot Point S3: 1.1336
    Daily Pivot Point R1: 1.1481
    Daily Pivot Point R2: 1.1509
    Daily Pivot Point R3: 1.1553

LEAVE A REPLY

Please enter your comment!
Please enter your name here