EUR/USD Technical Analysis: Up move could retest the 1.1500 neighbourhood in the near term
|- EUR/USD is advancing for the fifth consecutive session on Monday, looking to consolidate the recent break above the key barrier at 1.1400 the figure.
- The up move in spot carries the potential to test last week’s tops in the 1.1500 neighbourhood if the key 1.1450 area is cleared, where lies an important Fibonacci retracement of the 2017-2018 rally.
- In case the pair resumes the downside, last week’s fresh 2018 lows in the boundaries of 1.1200 should come to the fore.
EUR/USD
Overview:
Last Price: 1.1422
Daily change: 6.0 pips
Daily change: 0.0526%
Daily Open: 1.1416
Trends:
Daily SMA20: 1.1374
Daily SMA50: 1.1512
Daily SMA100: 1.1563
Daily SMA200: 1.1815
Levels:
Daily High: 1.142
Daily Low: 1.132
Weekly High: 1.142
Weekly Low: 1.1216
Monthly High: 1.1625
Monthly Low: 1.1302
Daily Fibonacci 38.2%: 1.1382
Daily Fibonacci 61.8%: 1.1358
Daily Pivot Point S1: 1.135
Daily Pivot Point S2: 1.1284
Daily Pivot Point S3: 1.1249
Daily Pivot Point R1: 1.1451
Daily Pivot Point R2: 1.1486
Daily Pivot Point R3: 1.1552
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