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EUR/USD Technical Analysis: Flirting with the 200-week SMA around 1.1330

  • The pair looks consolidative in the upper end of the weekly range and is flirting with the critical resistance area around 1.1330, where emerges the key 200-week SMA.
  • The pair needs to clear this hurdle to allow for a potential visit to the 1.1370 zone, coincident with the 55-day and 100-day SMAs.
  • On the broader picture, a test of YTD lows in the 1.1180/75 band remains on the cards as long as the multi-month resistance line – today at 1.1432 – caps the upside.

EUR/USD daily chart

EUR/USD

Overview:
    Today Last Price: 1.1327
    Today Daily change: 32 pips
    Today Daily change %: 0.20%
    Today Daily Open: 1.1304
Trends:
    Daily SMA20: 1.1318
    Daily SMA50: 1.1367
    Daily SMA100: 1.137
    Daily SMA200: 1.149
Levels:
    Previous Daily High: 1.1342
    Previous Daily Low: 1.1294
    Previous Weekly High: 1.1388
    Previous Weekly Low: 1.1176
    Previous Monthly High: 1.1489
    Previous Monthly Low: 1.1234
    Daily Fibonacci 38.2%: 1.1313
    Daily Fibonacci 61.8%: 1.1324
    Daily Pivot Point S1: 1.1284
    Daily Pivot Point S2: 1.1265
    Daily Pivot Point S3: 1.1236
    Daily Pivot Point R1: 1.1333
    Daily Pivot Point R2: 1.1362
    Daily Pivot Point R3: 1.1381

 

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