- EUR/USD keeps the bid bias unchanged near the 1.0900 region.
- Further upside could see the 2023 peak near 1.1030 revisited.
EUR/USD manages to clear the 1.0900 barrier and advance to fresh multi-week highs on Thursday.
The continuation of the strong uptrend appears on the table for the time being. That said, the pair now needs to clear the March high at 1.0929 (March 23) to allow for a probable challenge of the 2023 top at 1.1032 (February 2) in the short-term horizon.
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0331.
EUR/USD daily chart
|Today last price||1.0887|
|Today Daily Change||75|
|Today Daily Change %||0.29|
|Today daily open||1.0856|
|Previous Daily High||1.0912|
|Previous Daily Low||1.0759|
|Previous Weekly High||1.076|
|Previous Weekly Low||1.0516|
|Previous Monthly High||1.1033|
|Previous Monthly Low||1.0533|
|Daily Fibonacci 38.2%||1.0854|
|Daily Fibonacci 61.8%||1.0818|
|Daily Pivot Point S1||1.0772|
|Daily Pivot Point S2||1.0689|
|Daily Pivot Point S3||1.0619|
|Daily Pivot Point R1||1.0926|
|Daily Pivot Point R2||1.0996|
|Daily Pivot Point R3||1.1079|
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