• EUR/USD extends the bearish note for the third straight session.
  • Below YTD lows emerges the December 2021 low near 1.1220.

EUR/USD remains well under pressure and trades at shouting distance from recent 2022 lows near 1.1260.

The bias appears tilted to a deeper pullback in the very near term. That said, the next support of note is now seen at the December 2021 low at 1.1221 (December 15) ahead of the 2021 low at 1.1186 (November 24).

The longer term negative outlook for EUR/USD is seen unchanged while below the key 200-day SMA at 1.1704.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.1281
Today Daily Change 35
Today Daily Change % -0.21
Today daily open 1.1305
 
Trends
Daily SMA20 1.1347
Daily SMA50 1.1316
Daily SMA100 1.147
Daily SMA200 1.1709
 
Levels
Previous Daily High 1.1329
Previous Daily Low 1.1263
Previous Weekly High 1.1434
Previous Weekly Low 1.1301
Previous Monthly High 1.1386
Previous Monthly Low 1.1222
Daily Fibonacci 38.2% 1.1288
Daily Fibonacci 61.8% 1.1304
Daily Pivot Point S1 1.1269
Daily Pivot Point S2 1.1233
Daily Pivot Point S3 1.1203
Daily Pivot Point R1 1.1335
Daily Pivot Point R2 1.1365
Daily Pivot Point R3 1.1401

 

 

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