EUR/USD Price Analysis: Extra gains could see 1.0760 retested

EUR/USD picks up extra impulse and surpasses 1.0700.
Further north emerges the monthly high near 1.0760.

Pablo Piovano FXStreet

EUR/USD climbs to 3-day highs past 1.0700 the figure and extends the rebound for the third consecutive session on Monday.

If the recovery gathers impulse, then the pair could confront the March high at 1.0759 (March 15) ahead of the weekly peak at 1.0804 (February 14).

Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0325.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0705
Today Daily Change	87
Today Daily Change %	0.36
Today daily open	1.0667

Trends
Daily SMA20	1.0624
Daily SMA50	1.0728
Daily SMA100	1.0569
Daily SMA200	1.0326

Levels
Previous Daily High	1.0685
Previous Daily Low	1.0607
Previous Weekly High	1.076
Previous Weekly Low	1.0516
Previous Monthly High	1.1033
Previous Monthly Low	1.0533
Daily Fibonacci 38.2%	1.0655
Daily Fibonacci 61.8%	1.0637
Daily Pivot Point S1	1.0621
Daily Pivot Point S2	1.0574
Daily Pivot Point S3	1.0542
Daily Pivot Point R1	1.0699
Daily Pivot Point R2	1.0731
Daily Pivot Point R3	1.0778

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

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