EUR/USD Price Analysis: Further upside targets the 1.0773/86 band

EUR/USD seems to have met some resistance near 1.0760.
Further upside could see the June 2022 high retested.

Pablo Piovano FXStreet

EUR/USD falters just ahead of Monday’s monthly peaks around 1.0760 on Tuesday.

In case bulls remain in control, the pair should surpass the January high at 1.0760 (January 9) and then attempt a move to the June 2022 high at 1.0773 (June 27) followed by the May 2022 top at 1.0786 (May 30).

In the meantime, further gains remain in store for the pair while above the 200-day SMA at 1.0309.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0723
Today Daily Change	36
Today Daily Change %	-0.07
Today daily open	1.0731

Trends
Daily SMA20	1.0626
Daily SMA50	1.0427
Daily SMA100	1.0157
Daily SMA200	1.0312

Levels
Previous Daily High	1.0761
Previous Daily Low	1.0639
Previous Weekly High	1.071
Previous Weekly Low	1.0483
Previous Monthly High	1.0736
Previous Monthly Low	1.0393
Daily Fibonacci 38.2%	1.0714
Daily Fibonacci 61.8%	1.0686
Daily Pivot Point S1	1.066
Daily Pivot Point S2	1.0589
Daily Pivot Point S3	1.0538
Daily Pivot Point R1	1.0782
Daily Pivot Point R2	1.0832
Daily Pivot Point R3	1.0903

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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