- EUR/USD trades within a consolidative mood in the mid-1.1500s.
- The YTD low at 1.1529 now emerges on the horizon.
EUR/USD alternates gains with losses always below the 1.1600 mark at the beginning of the week.
Another visit to the 2021 low at 1.1529 remains well on the table in the near future amidst the ongoing bearish context. Further south from here, a test of the 1.1500 neighbourhood should start emerging on the horizon.
In the meantime, the near-term outlook for EUR/USD is seen on the negative side below the key 200-day SMA, today at 1.1943.
EUR/USD daily chart
|Today last price||1.157|
|Today Daily Change||34|
|Today Daily Change %||0.01|
|Today daily open||1.1569|
|Previous Daily High||1.1586|
|Previous Daily Low||1.1542|
|Previous Weekly High||1.164|
|Previous Weekly Low||1.1529|
|Previous Monthly High||1.1909|
|Previous Monthly Low||1.1563|
|Daily Fibonacci 38.2%||1.1569|
|Daily Fibonacci 61.8%||1.1559|
|Daily Pivot Point S1||1.1545|
|Daily Pivot Point S2||1.1521|
|Daily Pivot Point S3||1.1501|
|Daily Pivot Point R1||1.159|
|Daily Pivot Point R2||1.161|
|Daily Pivot Point R3||1.1634|
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