- EUR/USD fails to extend the recovery beyond 1.0400.
- The 9-month resistance line still caps the upside.
EUR/USD alternates gains with losses in the low-1.0300s following another failed attempt to retake the 1.0400 barrier earlier on Tuesday.
So far, the 9-month resistance line, today around 1.0430, continues to cap occasional bullish attempts.
A sustained breakout of this region is needed to allow for the continuation of the uptrend to, initially, 1.0481 (November 15) ahead of 1.0496 (November 28).
EUR/USD daily chart
|Today last price||1.0339|
|Today Daily Change||70|
|Today Daily Change %||0.03|
|Today daily open||1.0336|
|Previous Daily High||1.0497|
|Previous Daily Low||1.033|
|Previous Weekly High||1.0449|
|Previous Weekly Low||1.0223|
|Previous Monthly High||1.0094|
|Previous Monthly Low||0.9632|
|Daily Fibonacci 38.2%||1.0394|
|Daily Fibonacci 61.8%||1.0433|
|Daily Pivot Point S1||1.0278|
|Daily Pivot Point S2||1.0221|
|Daily Pivot Point S3||1.0111|
|Daily Pivot Point R1||1.0445|
|Daily Pivot Point R2||1.0555|
|Daily Pivot Point R3||1.0612|
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