EUR/USD Technical Analysis: The 200-week SMA near 1.1320 seen holding the downside so far
|- EUR/USD remains under pressure so far this week. However, the leg lower appears so far contained in the boundaries of the 200-week SMA.
- A breakdown of this key support level should open the door for a potential re-visit of YTD lows in the 1.1300 neighborhood, while extra pullbacks should meet the next stop at December low in the 1.1270 region.
- Furthermore, the bearish view on the spot is expected to prevail while below the short-term resistance line, today at 1.1540.
EUR/USD
Overview:
Today Last Price: 1.1362
Today Daily change:10 pips
Today Daily change %: 0.09%
Today Daily Open: 1.1352
Trends:
Daily SMA20: 1.1425
Daily SMA50: 1.139
Daily SMA100: 1.1458
Daily SMA200: 1.1594
Levels:
Previous Daily High: 1.1382
Previous Daily Low: 1.1336
Previous Weekly High: 1.1491
Previous Weekly Low: 1.1353
Previous Monthly High: 1.1486
Previous Monthly Low: 1.1269
Daily Fibonacci 38.2%: 1.1353
Daily Fibonacci 61.8%: 1.1364
Daily Pivot Point S1: 1.1332
Daily Pivot Point S2: 1.1311
Daily Pivot Point S3: 1.1286
Daily Pivot Point R1: 1.1377
Daily Pivot Point R2: 1.1402
Daily Pivot Point R3: 1.1423
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