EUR/USD Price Analysis: Further upside targets the 1.1010 area

EUR/USD struggles to gather traction above 1.0900.
Extra gains should challenge the area above 1.1000.

Pablo Piovano FXStreet

EUR/USD reverses the earlier pullback and looks to consolidate the break above 1.0900 the figure on Monday.

Price action around the pair looks firmer for the time being. That said, the next resistance level of note comes at the psychological 1.1000 barrier ahead of the June peak at 1.1012 (June 22). North from here, the pair is expected to embark on a move to the 2023 top just below 1.1100 (April 26).

Looking at the longer run, the positive view remains unchanged while above the 200-day SMA, today at 1.0596.

EUR/USD daily chart

EUR/USD

Overview
Today last price	1.0908
Today Daily Change	48
Today Daily Change %	-0.02
Today daily open	1.091

Trends
Daily SMA20	1.0857
Daily SMA50	1.0871
Daily SMA100	1.0819
Daily SMA200	1.0591

Levels
Previous Daily High	1.0932
Previous Daily Low	1.0835
Previous Weekly High	1.0977
Previous Weekly Low	1.0835
Previous Monthly High	1.1012
Previous Monthly Low	1.0662
Daily Fibonacci 38.2%	1.0895
Daily Fibonacci 61.8%	1.0872
Daily Pivot Point S1	1.0853
Daily Pivot Point S2	1.0796
Daily Pivot Point S3	1.0756
Daily Pivot Point R1	1.095
Daily Pivot Point R2	1.0989
Daily Pivot Point R3	1.1046

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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