EUR/USD Technical Analysis: Spot remains under pressure and targets 1.1118
|- EUR/USD has regained the 1.1200 handle and above at the beginning of the week after bottoming out in the 1.1180 region on Thursday, coincident with a Fibo retracement of the 2017-2018 rally.
- In the meantime, the pair’s downside is expected to prevail while below the short-term resistance line, today at 1.1440.
- On the upside, decent resistance is seen emerging around 1.1310/12, where converge the 21-day and 10-day SMAs.
EUR/USD
Overview:
Today Last Price: 1.1247
Today Daily change: 27 pips
Today Daily change %: 0.13%
Today Daily Open: 1.1232
Trends:
Daily SMA20: 1.1319
Daily SMA50: 1.1377
Daily SMA100: 1.1375
Daily SMA200: 1.1499
Levels:
Previous Daily High: 1.1246
Previous Daily Low: 1.118
Previous Weekly High: 1.1388
Previous Weekly Low: 1.1176
Previous Monthly High: 1.1489
Previous Monthly Low: 1.1234
Daily Fibonacci 38.2%: 1.1221
Daily Fibonacci 61.8%: 1.1205
Daily Pivot Point S1: 1.1192
Daily Pivot Point S2: 1.1153
Daily Pivot Point S3: 1.1126
Daily Pivot Point R1: 1.1259
Daily Pivot Point R2: 1.1286
Daily Pivot Point R3: 1.1325
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