EUR/USD Technical Analysis: The pair needs to regain 1.1500 and above to allow for extra gains

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  • The pair remains bid but it is struggling to extend the up move further north of the 1.1450 area on a more sustainable fashion.
  • A break above last week’s tops and critical area in the 1.1500 neighbourhood is thus needed to extend the upside to October’s top beyond 1.1600 the figure.
  • On the upside, the 1.1375/58 band should offer interim contention, where emerge the 21-day and 10-day SMAs, all ahead of YTD lows in the 1.1200 handle.

EUR/USD daily chart


	EUR/USD Technical Analysis: The pair needs to regain 1.1500 and above to allow for extra gains

EUR/USD

Overview:
    Last Price: 1.1431
    Daily change: -21 pips
    Daily change: -0.183%
    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

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