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EUR/USD Price Analysis: Next on the upside comes 1.0770

  • EUR/USD advances to two-week tops near 1.0630 midweek.
  • North from here comes the weekly peak around 1.0770.

EUR/USD adds to Tuesday’s gains and climbs to multi-session peaks in the 1.0625/30 band on Wednesday.

In case bulls maintain control, the pair should now retarget the weekly high of 1.0767 (September 12). Once cleared, spot could then move to the critical 200-day SMA (1.0823).

Meanwhile, further losses remain on the table as long as the pair navigates the area below the key 200-day SMA.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.0614
Today Daily Change 49
Today Daily Change % 0.08
Today daily open 1.0605
 
Trends
Daily SMA20 1.0596
Daily SMA50 1.0754
Daily SMA100 1.0839
Daily SMA200 1.0825
 
Levels
Previous Daily High 1.062
Previous Daily Low 1.0554
Previous Weekly High 1.06
Previous Weekly Low 1.0448
Previous Monthly High 1.0882
Previous Monthly Low 1.0488
Daily Fibonacci 38.2% 1.0595
Daily Fibonacci 61.8% 1.0579
Daily Pivot Point S1 1.0566
Daily Pivot Point S2 1.0528
Daily Pivot Point S3 1.0501
Daily Pivot Point R1 1.0632
Daily Pivot Point R2 1.0659
Daily Pivot Point R3 1.0698

 

 

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