EUR/USD Price Analysis: Focus now shifted to the 200-day SMA

EUR/USD is looking to consolidate the breakout of the 1.0900 level.
Extra gains remain on the table and look to the 1.1030 region.

Pablo Piovano FXStreet

EUR/USD has managed to reclaim the key barrier at 1.0900 the figure this week, opening the door to further upside in the short-term horizon.

Further north of this level emerges a potential move to the critical 200-day SMA at 1.1034.

Beyond this level, the pair could attempt a test of late March peaks in the mid-1.1100s.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0955
Today Daily Change	25
Today Daily Change %	0.01
Today daily open	1.0954

Trends
Daily SMA20	1.0867
Daily SMA50	1.0961
Daily SMA100	1.1008
Daily SMA200	1.1037

Levels
Previous Daily High	1.0973
Previous Daily Low	1.0835
Previous Weekly High	1.0897
Previous Weekly Low	1.0727
Previous Monthly High	1.1039
Previous Monthly Low	1.0727
Daily Fibonacci 38.2%	1.092
Daily Fibonacci 61.8%	1.0888
Daily Pivot Point S1	1.0868
Daily Pivot Point S2	1.0783
Daily Pivot Point S3	1.073
Daily Pivot Point R1	1.1006
Daily Pivot Point R2	1.1059
Daily Pivot Point R3	1.1144

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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