EUR/USD Technical Analysis: Spot remains supported by 2018 low at 1.1215

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  • EUR/USD managed to regain some buying interest after dropping to fresh 2019 lows at 1.1248 last Friday.
  • Extra pullbacks should face 2018 lows at 1.1216. As long as this level underpins, further rangebound and potential bullish attempts should not be ruled out.
  • Initial target is now at last week’s tops in the 1.1340 region. This resistance zone is reinforced by the Fibo retracement of the September-November drop at 1.1356.

EUR/USD daily chart


	EUR/USD Technical Analysis: Spot remains supported by 2018 low at 1.1215

EUR/USD

Overview:
    Today Last Price: 1.131
    Today Daily change: 36 pips
    Today Daily change %: 0.11%
    Today Daily Open: 1.1298
Trends:
    Daily SMA20: 1.1371
    Daily SMA50: 1.1393
    Daily SMA100: 1.1405
    Daily SMA200: 1.1529
Levels:
    Previous Daily High: 1.1312
    Previous Daily Low: 1.1234
    Previous Weekly High: 1.1344
    Previous Weekly Low: 1.1234
    Previous Monthly High: 1.1586
    Previous Monthly Low: 1.1289
    Daily Fibonacci 38.2%: 1.1282
    Daily Fibonacci 61.8%: 1.1264
    Daily Pivot Point S1: 1.1251
    Daily Pivot Point S2: 1.1204
    Daily Pivot Point S3: 1.1174
    Daily Pivot Point R1: 1.1329
    Daily Pivot Point R2: 1.1359
    Daily Pivot Point R3: 1.1406

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