- EUR/USD extends the rebound north of 1.0600 on Friday.
- The next up-barrier emerges at the March top near 1.0760.
EUR/USD gathers extra pace and climbs to 2-day highs near 1.0670 following Thursday’s positive price action.
If the recovery gathers impulse, then the pair could confront the March high at 1.0759 (March 15) - which remains underpinned by the proximity of the 55-day SMA – prior to the weekly peak at 1.0804 (February 14).
Looking at the longer run, the constructive view remains unchanged while above the 200-day SMA, today at 1.0324.
EUR/USD daily chart
|Today last price||1.063|
|Today Daily Change||65|
|Today Daily Change %||0.19|
|Today daily open||1.061|
|Previous Daily High||1.0636|
|Previous Daily Low||1.0551|
|Previous Weekly High||1.0701|
|Previous Weekly Low||1.0524|
|Previous Monthly High||1.1033|
|Previous Monthly Low||1.0533|
|Daily Fibonacci 38.2%||1.0603|
|Daily Fibonacci 61.8%||1.0583|
|Daily Pivot Point S1||1.0562|
|Daily Pivot Point S2||1.0514|
|Daily Pivot Point S3||1.0477|
|Daily Pivot Point R1||1.0647|
|Daily Pivot Point R2||1.0684|
|Daily Pivot Point R3||1.0731|
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