- EUR/USD bounces off Tuesday’s YTD low near 1.1520.
- Further south comes the round level at 1.1500.
EUR/USD reverses two consecutive daily pullbacks, including new 2021 lows in the proximity of the 1.1520 level.
Prospects for the continuation of the downtrend remains well in place, and a break below 1.1524 is expected to put a visit to the 1.1500 neighbourhood back on the radar in the relatively short-term horizon.
In the meantime, the near-term outlook for EUR/USD is seen on the negative side below the key 200-day SMA, today at 1.1935.
EUR/USD daily chart
|Today last price||131.2|
|Today Daily Change||41|
|Today Daily Change %||0.15|
|Today daily open||131.01|
|Previous Daily High||131.28|
|Previous Daily Low||130.74|
|Previous Weekly High||129.92|
|Previous Weekly Low||128.34|
|Previous Monthly High||130.74|
|Previous Monthly Low||127.93|
|Daily Fibonacci 38.2%||131.07|
|Daily Fibonacci 61.8%||130.95|
|Daily Pivot Point S1||130.74|
|Daily Pivot Point S2||130.48|
|Daily Pivot Point S3||130.21|
|Daily Pivot Point R1||131.27|
|Daily Pivot Point R2||131.54|
|Daily Pivot Point R3||131.8|
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