EUR/USD Technical Analysis: Further weakness could see 1.1300 re-tested
|- EUR/USD came under heightened selling pressure throughout last week, dropping to lows near 1.1350, where some decent support appears to have emerged.
- A loss of last week’s lows should open the door for a potential visit of the key 200-week SMA at 1.1323 ahead of YTD lows at 1.1306 (January 3).
- Further out, spot is expected to remain neutral/bearish while below the September 2018-January 2019 resistance line, today at 1.1552.
EUR/USD
Overview:
Today Last Price: 1.1375
Today Daily change: 0.0010 pips
Today Daily change %: 0.09%
Today Daily Open: 1.1365
Trends:
Daily SMA20: 1.143
Daily SMA50: 1.1386
Daily SMA100: 1.1463
Daily SMA200: 1.1604
Levels:
Previous Daily High: 1.1412
Previous Daily Low: 1.1353
Previous Weekly High: 1.1491
Previous Weekly Low: 1.1353
Previous Monthly High: 1.1486
Previous Monthly Low: 1.1269
Daily Fibonacci 38.2%: 1.1375
Daily Fibonacci 61.8%: 1.1389
Daily Pivot Point S1: 1.1341
Daily Pivot Point S2: 1.1318
Daily Pivot Point S3: 1.1283
Daily Pivot Point R1: 1.14
Daily Pivot Point R2: 1.1435
Daily Pivot Point R3: 1.1458
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.