- EUR/USD extends the side-lined theme below 1.19 on Friday.
- Above 1.19 the pair targets the monthly peak at 1.1920 (November 9).
EUR/USD remains well immersed into the consolidative mood in the upper end of the weekly range albeit always in the sub-1.1900 area.
If sellers regain the upper hand, then there is room for the pair to slip back to, initially, last week’s lows around 1.1750 ahead of the next support area in the 1.1700 neighbourhood. On the opposite side, once 1.1900 is cleared then the focus of attention is expected to gyrate to the monthly top at 1.1920 (November 9).
Looking at the broader scenario, extra gains in EUR/USD are likely while above the critical 200-day SMA, today at 1.1376.
EUR/USD daily chart
|Today last price||1.187|
|Today Daily Change||39|
|Today Daily Change %||-0.08|
|Today daily open||1.1879|
|Previous Daily High||1.188|
|Previous Daily Low||1.1816|
|Previous Weekly High||1.192|
|Previous Weekly Low||1.1746|
|Previous Monthly High||1.1881|
|Previous Monthly Low||1.164|
|Daily Fibonacci 38.2%||1.1856|
|Daily Fibonacci 61.8%||1.1841|
|Daily Pivot Point S1||1.1837|
|Daily Pivot Point S2||1.1794|
|Daily Pivot Point S3||1.1772|
|Daily Pivot Point R1||1.1901|
|Daily Pivot Point R2||1.1923|
|Daily Pivot Point R3||1.1965|
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.