- EUR/USD resumes the upside following the post-ECB sell-off.
- The surpass of 1.1030 exposes a move to 1.1100.
EUR/USD reverses the recent pessimism and embarks on a recovery north of the 1.0900 hurdle on Friday.
A move beyond the so far 2023 high at 1.1032 (February 2) should retarget the round level at 1.1100 prior to the weekly peak at 1.1184 (March 31 2022).
In the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0317.
EUR/USD daily chart
|Today last price||1.0931|
|Today Daily Change||56|
|Today Daily Change %||0.16|
|Today daily open||1.0914|
|Previous Daily High||1.1033|
|Previous Daily Low||1.0885|
|Previous Weekly High||1.093|
|Previous Weekly Low||1.0835|
|Previous Monthly High||1.093|
|Previous Monthly Low||1.0483|
|Daily Fibonacci 38.2%||1.0942|
|Daily Fibonacci 61.8%||1.0977|
|Daily Pivot Point S1||1.0855|
|Daily Pivot Point S2||1.0796|
|Daily Pivot Point S3||1.0707|
|Daily Pivot Point R1||1.1003|
|Daily Pivot Point R2||1.1092|
|Daily Pivot Point R3||1.1151|
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