- EUR/USD is prolonging the weekly recovery above the 1.0800 mark.
- The continuation of the upside now faces the 1.0990 region.
Further upside thus remains well on the cards in the very near term with the immediate target at the January’s low at 1.0989.
While the 55-day SMA, today at 1.1020, caps the upside, the negative view on the pair is seen unchanged.
EUR/USD daily chart
|Today last price||1.0806|
|Today Daily Change||89|
|Today Daily Change %||0.17|
|Today daily open||1.0788|
|Previous Daily High||1.0888|
|Previous Daily Low||1.0722|
|Previous Weekly High||1.1237|
|Previous Weekly Low||1.0638|
|Previous Monthly High||1.1089|
|Previous Monthly Low||1.0778|
|Daily Fibonacci 38.2%||1.0825|
|Daily Fibonacci 61.8%||1.0785|
|Daily Pivot Point S1||1.0711|
|Daily Pivot Point S2||1.0633|
|Daily Pivot Point S3||1.0544|
|Daily Pivot Point R1||1.0877|
|Daily Pivot Point R2||1.0966|
|Daily Pivot Point R3||1.1043|
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