EUR/USD Technical Analysis: The pair remais under pressure. Rebound needs to surpass 1.1400 near term

10
  • EUR/USD sold off and recorded fresh 2019 lows in the 1.1290/85 band following the ECB event on Thursday.
  • The subsequent rebound has retaken the 1.1300 barrier and beyond so far, although a more serious bullish attempt should need to clear the 1.1400 neighbourhood, where sit recent tops. This hurdle is reinforced by the proximity of the key 55-day SMA at 1.1375.
  • On the broader look, the bearish note in spot stays unchanged while below the short-term resistance line, today at 1.1536.

EUR/USD daily chart


	EUR/USD Technical Analysis: The pair remais under pressure. Rebound needs to surpass 1.1400 near term

EUR/USD

Overview:
    Today Last Price: 1.1318
    Today Daily change: 0.0010 pips
    Today Daily change %: 0.09%
    Today Daily Open: 1.1308
Trends:
    Daily SMA20: 1.142
    Daily SMA50: 1.139
    Daily SMA100: 1.1452
    Daily SMA200: 1.1584
Levels:
    Previous Daily High: 1.1393
    Previous Daily Low: 1.1289
    Previous Weekly High: 1.1491
    Previous Weekly Low: 1.1353
    Previous Monthly High: 1.1486
    Previous Monthly Low: 1.1269
    Daily Fibonacci 38.2%: 1.1329
    Daily Fibonacci 61.8%: 1.1353
    Daily Pivot Point S1: 1.1267
    Daily Pivot Point S2: 1.1227
    Daily Pivot Point S3: 1.1164
    Daily Pivot Point R1: 1.1371
    Daily Pivot Point R2: 1.1433
    Daily Pivot Point R3: 1.1474

LEAVE A REPLY

Please enter your comment!
Please enter your name here