EUR/USD Technical Analysis: Mission accomplished for bears as Euro hits 1.1327 this Friday
|- EUR/USD tumbled as low as 1.1327 this Friday missing Wednesday's forecast by only 7 pips.
- EUR/USD is trading below its main simple moving averages while its technical indicators are in bearish territories. The path of least resistance suggests a drop towards 1.1255, the 2018 low.
- On the flip side, if bulls can bounce from the 1.1330 level, the next resistance to the upside is the 1.1430 level.
Additional key levels
EUR/USD
Overview:
Last Price: 1.1331
Daily change: -75 pips
Daily change: -0.658%
Daily Open: 1.1406
Trends:
Daily SMA20: 1.137
Daily SMA50: 1.1494
Daily SMA100: 1.1553
Daily SMA200: 1.1797
Levels:
Daily High: 1.1434
Daily Low: 1.1381
Weekly High: 1.142
Weekly Low: 1.1216
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1414
Daily Fibonacci 61.8%: 1.1402
Daily Pivot Point S1: 1.138
Daily Pivot Point S2: 1.1354
Daily Pivot Point S3: 1.1327
Daily Pivot Point R1: 1.1433
Daily Pivot Point R2: 1.1461
Daily Pivot Point R3: 1.1487
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