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EUR/USD Price Analysis: Next on the upside comes 1.0756

 

- EUR/USD keeps the trade below the 1.0700 hurdle so far on Friday.

- Bullish attempts are expected to meet the next hurdle near 1.0750.

EUR/USD prints humble gains in the 1.0670/80 band at the end of the week.

In case the upward bias picks up extra pace, there is an initial barrier at the round level of 1.0700 ahead of the monthly top of 1.0756 (November 6).

In the meantime, while below the 200-day SMA at 1.0801, the pair’s outlook should remain negative.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.0684
Today Daily Change 36
Today Daily Change % 0.19
Today daily open 1.0664
 
Trends
Daily SMA20 1.0611
Daily SMA50 1.0624
Daily SMA100 1.0797
Daily SMA200 1.0803
 
Levels
Previous Daily High 1.0725
Previous Daily Low 1.066
Previous Weekly High 1.0747
Previous Weekly Low 1.0517
Previous Monthly High 1.0695
Previous Monthly Low 1.0448
Daily Fibonacci 38.2% 1.0685
Daily Fibonacci 61.8% 1.0701
Daily Pivot Point S1 1.0641
Daily Pivot Point S2 1.0618
Daily Pivot Point S3 1.0576
Daily Pivot Point R1 1.0706
Daily Pivot Point R2 1.0748
Daily Pivot Point R3 1.0771

 

 

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