EUR/USD Price Analysis: Extra gains seen above 1.1908

EUR/USD regains buying interest and approaches 1.1900.
Interim target is now located at 1.1908, July’s top.

Pablo Piovano FXStreet

EUR/USD bulls retake control and pushes spot back to the vicinity of the 1.1900 mark on Monday.

A move above July’s top at 1.1908 (July 30) could pave the way for extra gains to the late June peaks around 1.1975 ahead of the psychological 1.2000 barrier, where also sits the critical 200-day SMA.

Further out, the near-term outlook for EUR/USD is seen on the negative side while below the key 200-day SMA, today at 1.2004.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.1886
Today Daily Change	38
Today Daily Change %	0.12
Today daily open	1.1872

Trends
Daily SMA20	1.1821
Daily SMA50	1.1966
Daily SMA100	1.1973
Daily SMA200	1.2008

Levels
Previous Daily High	1.1909
Previous Daily Low	1.1852
Previous Weekly High	1.1909
Previous Weekly Low	1.1764
Previous Monthly High	1.1909
Previous Monthly Low	1.1752
Daily Fibonacci 38.2%	1.1873
Daily Fibonacci 61.8%	1.1887
Daily Pivot Point S1	1.1846
Daily Pivot Point S2	1.182
Daily Pivot Point S3	1.1789
Daily Pivot Point R1	1.1903
Daily Pivot Point R2	1.1935
Daily Pivot Point R3	1.196

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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