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EUR/USD technical analysis: Euro remains vulnerable at multi-month lows, bears eyeing beyond 2019 low

  • EUR/USD is under pressure near multi-month lows. 
  • The level to beat for bears are seen at 1.1101 and 1.066 price levels.
 

EUR/USD daily chart

 
EUR/USD is trading in a bear trend below its main daily simple moving averages (DSMAs).
 

EUR/USD 4-hour chart

 
EUR/USD is trading below the 1.1130 resistance and its main SMAs, suggesting bearish momentum in the medium term. The level to beat for bears is 1.1101 (2019 low) and 1.1066 on the way down, according to the Technical Confluences Indicator
 

EUR/USD 30-minute chart

 
The market is under pressure trading at daily lows. Immediate resistances are seen at the 1.1130, 1.1148 and 1.1164 level, according to the Technical Confluences Indicator.
 
 

Additional key levels

EUR/USD

Overview
Today last price 1.1118
Today Daily Change -0.0029
Today Daily Change % -0.26
Today daily open 1.1147
 
Trends
Daily SMA20 1.1239
Daily SMA50 1.1243
Daily SMA100 1.1244
Daily SMA200 1.1311
Levels
Previous Daily High 1.1188
Previous Daily Low 1.1101
Previous Weekly High 1.1286
Previous Weekly Low 1.12
Previous Monthly High 1.1414
Previous Monthly Low 1.116
Daily Fibonacci 38.2% 1.1155
Daily Fibonacci 61.8% 1.1135
Daily Pivot Point S1 1.1103
Daily Pivot Point S2 1.1059
Daily Pivot Point S3 1.1016
Daily Pivot Point R1 1.119
Daily Pivot Point R2 1.1233
Daily Pivot Point R3 1.1277

 

 

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