EUR/USD Price Analysis: Immediate hurdle lines up at 1.1908

EUR/USD regains the smile and trades around 1.1880.
Interim target is now located at 1.1908, July’s top.

Pablo Piovano FXStreet

EUR/USD manages to regain some upside traction and retakes the 1.1880/90 region on Tuesday.

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	1.1882
Today Daily Change	27
Today Daily Change %	0.11
Today daily open	1.1869

Trends
Daily SMA20	1.1822
Daily SMA50	1.196
Daily SMA100	1.1972
Daily SMA200	1.2008

Levels
Previous Daily High	1.1897
Previous Daily Low	1.1859
Previous Weekly High	1.1909
Previous Weekly Low	1.1764
Previous Monthly High	1.1909
Previous Monthly Low	1.1752
Daily Fibonacci 38.2%	1.1874
Daily Fibonacci 61.8%	1.1882
Daily Pivot Point S1	1.1853
Daily Pivot Point S2	1.1837
Daily Pivot Point S3	1.1815
Daily Pivot Point R1	1.1891
Daily Pivot Point R2	1.1913
Daily Pivot Point R3	1.1929

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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