EUR/USD Price Analysis: Euro ends the week below the 1.1200 handle

The euro is reversing up from the session’s low.
The market is likely contained in the 1.1150-1.1190 range.

Flavio Tosti Independent Analyst

EUR/USD daily chart

The market is retracing down while above the main daily simple moving averages.

EUR/USD four-hour chart

EUR/USD is reversing up from the 1.1150/32 support zone while above the main SMAs. Buyers need a break of the 1.1190 resistance. But, since the euro has been so two-sided, the market is probably going to stay within the 1.1150-1.1190 range in the medium term. A daily break above 1.1190 could imply a spike to 1.1225 and 1.1248 levels, according to the Technical Confluences Indicator. Conversely, sellers want to pierce the 1.1150/32 price zone to reach the 1.1098/74 level.

Additional key levels

EUR/USD

Overview
Today last price	1.1162
Today Daily Change	-0.0006
Today Daily Change %	-0.05
Today daily open	1.1168

Trends
Daily SMA20	1.113
Daily SMA50	1.1091
Daily SMA100	1.1063
Daily SMA200	1.1143

Levels
Previous Daily High	1.1276
Previous Daily Low	1.1163
Previous Weekly High	1.1189
Previous Weekly Low	1.1069
Previous Monthly High	1.124
Previous Monthly Low	1.1002
Daily Fibonacci 38.2%	1.1207
Daily Fibonacci 61.8%	1.1233
Daily Pivot Point S1	1.1129
Daily Pivot Point S2	1.109
Daily Pivot Point S3	1.1016
Daily Pivot Point R1	1.1242
Daily Pivot Point R2	1.1316
Daily Pivot Point R3	1.1355

Author

Flavio Tosti

Independent Analyst

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